Posted on: 01st Aug, 2009 05:53 pm
Do you think that the housing market is bottomed out it is just a false bottm!
Buuls are saying this is the bottom, but bears are saying this is just seasonal
Every major new paper or a magazine has conflicting view
Is this bottom just regional or national?
What will it look like when the seasonal sales stops?
Are the banks holding on to the more foreclosure and artifically showing the bottom?
So many questions, but lets hear from every one here, becuase you see it every day and eal with ti every day
Buuls are saying this is the bottom, but bears are saying this is just seasonal
Every major new paper or a magazine has conflicting view
Is this bottom just regional or national?
What will it look like when the seasonal sales stops?
Are the banks holding on to the more foreclosure and artifically showing the bottom?
So many questions, but lets hear from every one here, becuase you see it every day and eal with ti every day
hi Ready2buy,
welcome to the forum.
you are right. i think market will continue at this level for one more yr & then will go up.
welcome to the forum.
you are right. i think market will continue at this level for one more yr & then will go up.
we seem to be turning a proverbial corner, but there are still plentiful foreclosure actions that haven't come on us yet, so we'll see a little of both, i think - recovery in some areas, but continued downturn in others. overall, i think we are getting a little bit better, though.
Probably it may be anothe 6 - 9 months
But soem say it is 2011
But soem say it is 2011
Answer would be Yes and No
The housing market is probably close to bottom for the lower range houses, but the mid and high range are goign to see the decline in proce goign forward
The housing market is probably close to bottom for the lower range houses, but the mid and high range are goign to see the decline in proce goign forward
you'll get answers all over the spectrum to an open-ended question such as this. not only that, but all of the those answers are speculation, at best.
i don't have a crystal ball, but even if i did have one, it wouldn't work.
i don't have a crystal ball, but even if i did have one, it wouldn't work.
Still there is an general consensus that the market is kind of bottomed, but which segmenet is questionable