what are the factors that decide that the real estate prices will go up or they will fall ? Am intrested in knowing factors that rule the fal in real estate prices.
2006-12-12 18:39:57 · 12 answers · asked by abhizen 2 in Business & Finance ➔ Renting & Real Estate
If a home sits in the market for more than 90 days,.... the market is falling.
If a home goes on the market for 3 days and it sells quickly,... its a good market
2006-12-12 18:43:50 · answer #1 · answered by Photographer 6 · 0⤊ 0⤋
Some markets may be better than others. Supply and demand is the correct answer. Depending if your looking at the US or just one state. Here is Florida, The market is, has crashed. it was even said on the news that people that had bought a house a year ago and try to sell it now will actually loose money if they go to sell it just because they will not get back what they bought it for.
But in Arizona, demand for more houseing is up, new development. The houses are to be cheap'r too. Here is Florida, so many Condos and town home went up, no one wants to pay $500,000 for a 2/2 unless your using it for vacation rentals. But Insurance and property tax seems to be holding these properties vacant.
2006-12-12 19:42:26 · answer #2 · answered by EJ A 2 · 0⤊ 0⤋
There's no short answer to this one, because there are so many factors that determine real estate prices. Local factors like crime rate, economics, location, and surroundings affect it, as well as consumer confidence, interest rates, and taxes. Even the sale of comparable houses below market value will factor into driving the price down.
2006-12-13 00:46:42 · answer #3 · answered by togashiyokuni2001 6 · 0⤊ 0⤋
Much like stocks actually. Supply and demand. Those are the two factors that run any product in free markets (like the one we have in the United States).
For instance in Florida, where appreciation doubled in some cases, is currently in the low end of the demand curve because there's an extensive amount of supply. There are more supplies than buyers; hence, the sellers are trying to sell and compete...competition brings prices down.
2006-12-16 17:51:04 · answer #4 · answered by John Rosa 3 · 0⤊ 0⤋
The one factor that no one look at is the market fair honest and is there no fraud. With high profits or increasing of value the good good news and that is your are making money the bad news with investments is it may be a sign of fraud and you better know why you are making so much money.
Did we not learn any thing with Enron and worldcom and the other overnight crashes, they all had record profit till the curtain was pulled down. I know that the bubble was made with dishonest practices and a lot of fraud, Check out this web site it tell what and how this fraud was done and decide for your self.
http://www.breakingbubble.com/index.htm
Best of Luck
2006-12-13 01:29:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋
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http://www.brokerforyou.com/brokerforyou
http://www.downtown-san-diego-real-estate.com/san-diego-real-estate-article-index.htm
http://www.san-diego-for-sale-by-owner.com
http://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us
http://san-diego-coastal-real-estate.blogspot.com
http://sandiegofsbo.blogspot.com
http://downtown-san-diego-real-estate-views.blogspot.com
http://san-diego-coastal-real-estate.blogspot.com
http://sandiegofsbo.blogspot.com
http://www.brokerforyou.com/san-diego-real-estate-sales.html
http://downtown-san-diego-real-estate-views.blogspot.com
http://www.poway-real-estate.info
http://www.del-mar-real-estate.info
http://www.la-jolla-real-estate.info
http://www.los-angeles-real-estate-brokers.com
http://www.san-jose-real-estate-brokers.com
http://www.orange-county-real-estate-brokers.com
http://www.san-francisco-real-estate-brokers.com
http://www.sacramento-real-estate-broker.com
2006-12-15 03:29:39 · answer #6 · answered by annbest711 3 · 0⤊ 0⤋
Fall in the Future Realizable value of the assets..
2006-12-12 21:17:11 · answer #7 · answered by ashok j 1 · 1⤊ 0⤋
Supply and Demand, it make-a the world go round
2006-12-12 18:47:31 · answer #8 · answered by Phat Kidd 5 · 1⤊ 0⤋
Lack of buyer confidence in the market.
2006-12-12 21:11:14 · answer #9 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Liquidity is the main factor.
2006-12-12 19:49:53 · answer #10 · answered by cvrk3 4 · 0⤊ 1⤋