2006-10-27 08:38:33 · 12 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Big time yet most people can not sell at a loss so there will be a lot of defaults. This is all due to the making of a housing bubble hear is how they made it.
http://www.breakingbubble.com/index.htm
2006-10-27 17:41:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
People always need homes, the population is forever increasing. The number of new houses being built never manages to meet the demand.Of course the property market will not crash.
2006-10-27 09:52:56 · answer #2 · answered by Social Science Lady 7 · 0⤊ 1⤋
The prices in the North of England are down about 3% on last year
those trying to sell are having to take less to get a sale
2006-10-27 08:51:41 · answer #3 · answered by kjcf63 2 · 0⤊ 0⤋
yes i do. i build new homes for a living and stay very busy while used homes are sitting on the market for a very long time. Ive seen some homes on the market for up to a year here outside of St Louis
2006-10-27 08:47:29 · answer #4 · answered by bitchinchoppers 2 · 0⤊ 0⤋
Don't recon they will mate. Might slow down but not crash as they have in the past.
2006-10-27 08:48:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Prices will probably drop by ten percent for a few months and then rebound to their current levels very quickly.
2006-10-27 08:42:25 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Yes, and don't buy a new home, i see them getting built they won't last the mortgage term!
2006-10-27 10:14:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Towards the end of the year - they should go back up or stablize in the spring. :)
2006-10-27 08:47:33 · answer #8 · answered by Weasel 4 · 0⤊ 0⤋
the intrest rates are steady so no not really untill this change,houses should appricate accordingly
2006-10-27 08:50:17 · answer #9 · answered by Anonymous · 0⤊ 0⤋
I bloody hope not. I just bought a house.
2006-10-27 08:46:58 · answer #10 · answered by phats_domino_uk 2 · 0⤊ 0⤋