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Karl, re home prices, remember the discussion

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  • #1

    Karl, re home prices, remember the discussion

    we had a few weeks ago? The latest National Association of Realtors (NAR) report seems to be confirming what I had suspected about current prices vs replacement cost.

    "In many areas with large concentrations of foreclosure sales, homes are being purchased below replacement cost values," said NAR president, Richard Gaylord. "Many buyers with long-term expectations are getting exceptional value in the current market."

    Seems like it is really time to buy now, when everyone is selling!

    For full article from CNN Money:

    http://biz.yahoo.com/cnnm/080814/081...me_prices.html
    "‎It is easier to build strong children than to repair broken men" - Frederick Douglass
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  • #2
    yes that is always the best time to buy...NOT when floating interest rates are down.....

    Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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    • #3
      I just saw your post.
      I do remember your post.
      They are [National Association of Realtors (NAR) and all the others now singing that beautiful song - to the ears of buyers] 100% correct. Here in Florida that is exactly what is happening.
      A GREAT TIME TO BUY!


      Ahem...I am here to satisfy your mortgage loan needs!
      ...and I have just the Realtor to serve you!
      "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."

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      • #4
        ......

        Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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        • #5
          Originally posted by Gamma View Post
          ......
          Yuh ready fi buy tuh sah?
          Mi ready fi duh yuh mortgage loan yuh kno!
          "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."

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          • #6
            When In new York I am at your service ! Mortgage Real esttae and rentals.

            http://www.eliteedgegroup.com/index.html
            THERE IS ONLY ONE ONANDI LOWE!

            "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


            "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

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            • #7
              whey dem seh 'bout di apple and di tree.....

              Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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