do really think the price of houses will continue to decline once the weather gets warmer? Is winter the best time to buy?
2007-02-06 15:02:54 · 7 answers · asked by Beautiful had a BOY on 3.7.09!!! 3 in Business & Finance ➔ Renting & Real Estate
it all depenes where you live. but the house will keep going down for 4-9 months
2007-02-06 15:11:21 · answer #1 · answered by s_uperdave 3 · 0⤊ 0⤋
Depends on location, but in CA prices are so far removed from incomes that they have a long ways still to fall before people will buy again. They're no longer an investment, now just a place to live, so the "speculative premium" has been removed.
2007-02-06 23:23:15 · answer #2 · answered by Cardinal Rule 3 · 0⤊ 0⤋
Depends upon where you're thinking about buying. We don't have one national housing market, we have hundreds of local ones.
Some areas are still under-priced. Some areas (mine) have seen most of the hit that I think we're going to take. Some areas haven't declined yet, but will.
2007-02-07 00:51:51 · answer #3 · answered by Searchlight Crusade 5 · 0⤊ 0⤋
I don't think so that it so much of a weather thing. I think price of house is always going to get hotter. Its always a good investment, provided you purchase an appreciating property.
Best time to buy is sooner than you think so that you start buiding equity.
2007-02-06 23:44:53 · answer #4 · answered by jay s 4 · 0⤊ 0⤋
in my opinion winter is the best time to buy .i say that because its a time when a buyer can look for leaking roofs boiler heat and wear and tear of exterior under cold weather
2007-02-06 23:09:55 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Winter is always the best time to buy! Summer is the best time to sell!!
2007-02-06 23:06:32 · answer #6 · answered by CEESONE 4 · 0⤊ 0⤋
They will decline big time, there is a big correction going on. what the market is correcting from is what cause the bubble.
http://www.breakingbubble.com/index.htm
2007-02-06 23:49:21 · answer #7 · answered by Anonymous · 0⤊ 1⤋