| Housing prices to fall again? |
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| Housing prices to fall again? |
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Has anyone seen the news reports that home values are expected to decline again? Hopefully this won't cause another recession.
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Wed Feb 23, 2011 5:39 am |
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carryjohn
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Well i think peoperty prices are gradually increasin, i cant perdict recession , no idea
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Wed Feb 23, 2011 3:40 pm |
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tonye
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where I live house prices have risen a little but not much. We are not out of recession yet so prices will fluctuate
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Thu Feb 24, 2011 1:38 am |
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MrPolarZero
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yeah, we should never expect things. We can't tell what the future holds.
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Thu Feb 24, 2011 2:35 am |
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FinSpec
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The news is always reporting something - I remember reading a paper where on page two is said "Property prices recover" and on page three the headline was "Property to crash".
Prices will rise and fall with the ebb and flow of the supply of money and willingness of people to commit to buying (ie, risk) and at the moment, all factors are pretty volatile.
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Fri Feb 25, 2011 7:19 am |
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RichS
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If the events continue in the Middle East, which looks like they will, the US and Europe could slide back into a another recession. Why? Because if the price of gas continues to rise "all" forms of transportation-cars, trucks, airplanes-everything and anything that relies on oil will see they costs rise.
This means driving your car will cost a lot more, cost of food goes up again , air line tickets will rise again and on and on. This will suppress the real estate market and keep prices flat or move them lower than they already are.
This revolution may be good for the Middle East countries but the effect on reduced oil production is going to raise hell with everyone else. 
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Fri Feb 25, 2011 9:11 pm |
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jeffreymint
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quote:
Originally posted by RichS
If the events continue in the Middle East, which looks like they will, the US and Europe could slide back into a another recession. Why? Because if the price of gas continues to rise "all" forms of transportation-cars, trucks, airplanes-everything and anything that relies on oil will see they costs rise.
This means driving your car will cost a lot more, cost of food goes up again , air line tickets will rise again and on and on. This will suppress the real estate market and keep prices flat or move them lower than they already are.
This revolution may be good for the Middle East countries but the effect on reduced oil production is going to raise hell with everyone else.
Very true. So sad what is happening to the global economy and yet people keep on making it worse. Question though still remains, when is it going to end? We can only hope for the best.
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Tue Mar 01, 2011 2:14 am |
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kaooo222
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Hope economic better jobs prices control well
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Fri Mar 11, 2011 12:41 am |
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seanmendez
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House prices are increasing but not that huge amount. I expect business would still be great.
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Fri Mar 11, 2011 1:12 am |
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Spradle
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seems to fall slightly and come back lately often
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Fri Mar 11, 2011 3:54 am |
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shanecurran
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Housing prices are being propped up by low interest rates and housing subsidies. We cannot maintain the current policies and interest rates forever. When we remove the subsidies it will put downward pressure on housing prices. I think the question is heavily dependent on the location of the house. In Chico, CA the current incomes could simply not support the prices. I think one has to analyze a particular market with common sense. If the houses seem "cheap given income in the area, then prices will likely rise. If price seem "expensive" given the income then the prices are likely to fall in the future.
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Mon Apr 04, 2011 4:44 pm |
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littleroc02us
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If your a buyer, what a great time to buy, low interest rates, cheap foreclosures and short sales. I wish I was in the position to get another house.
Romans 13:8 “Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.”
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Mon Apr 04, 2011 5:13 pm |
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shanecurran
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littleroc-
After our debate yesterday I would have thought you were in the position to buy a few more houses.
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Tue Apr 05, 2011 5:22 pm |
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littleroc02us
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I wish, but that is something I'm working on. I'm trying to pay my mortgage off, so I can save up to buy another house. My future job will be in real estate investments, but it's a slow process like a turtle. I'm not against mortgages if you have 20% down and are within 30% of your gross income, my post was more about how it is possible.
Romans 13:8 “Owe no man any thing, but to love one another: for he that loveth another hath fulfilled the law.”
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Tue Apr 05, 2011 5:27 pm |
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