evergreen16

6 Comments

    • Manhattan Real Estate Is Teetering - Barron's [view article]
      I don't understand all these negative comments. Judy is doing a great job gathering information from many sources, so you don't have to. All the related articles from many news sources in one place. How genius!
      Great Job.       Sep 08 04:58 PM
    • Home Inventories Soaring? Not Exactly [view article]
      Here is also something to consider. I hear people whine about high RE prices. Consider for example prices in Europe, even the 'cheap' easter Europe. Prices of houses in small towns there are higher than comparable properties in metro area of Seattle, Chicago, Denver... Now, where would you rather live? Sep 08 04:39 PM
    • This Can't Be Helping Real Estate [view article]
      4.33, that is an awesome deal, something to celebrate. But beware, soon the rates will go up and you will have to refinance to something like the 6.5 mentioned above... Jul 24 12:40 PM
    • The Current Market Atmosphere: Easy Money Hard to Come by [view article]
      People unable to afford homes? If you making the average 50K, it is easy to afford house at $300K (6x earnings). People, just stick your head out of the sand and look around. In western Europe, people with slightly lower income have to pay at least double that for a house. Now in historically poor eastern Europe - people are making on average about 15K, but the houses in smaller towns cost around $300K-$400K (20+x income), and guess what, there are no 5% down payments, people pay 50% down in most cases.
      I think we need look around and learn from others, as America has a great potential!       Jun 25 01:31 PM
    • The Two Housing Crises [view article]
      I must say, I feel sorry for those, who whine: Government should help! Government needs to help! Well, I've got one message for all you - There is alway Chavez and communism and you will fell spoiled there - the government will take care of you like a baby.
      Now, for the rest of us, let's enjoy our freedom and the power of free market!       Apr 11 12:28 PM
    • The Folly in Calling a Housing Market Bottom [view article]
      The author seems to be a little confused by the avalanche of available data.
      Nobody wants to return to '03 or '04 and relive the past again. Time travel concept is dead. Sorry to break it to you like this.
      The boom started few months into 2004 and the prices are expected to reach those levels of 2004 again, as that is considered the normal. Growing trend will most likely not occur for several years, however stabilization is already starting to appear here and there.
      We are now back to basics - in areas, where there is work, prices will hold, whereas areas with vacation or investment properties are forgotten.       Apr 11 12:17 PM
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