Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 Will the UK Prooperty Market crash in 2007?
www.housepricecrash.co.uk
www.globalhousepricecrash....


 Need legal advice on an apartment.?
My fiance and I have lived in this apartment since November and there is a new tennant up stairs who is constantly loud and throwing parties all the time for days straight. When I first asked her to ...


 Is this reasonable? I have a counter offer on a property, I want to purchase.?
The listed price is $249,900, and the MRIS remarks section describes the sellers as motivated. My offer was: Purchase for $245,000 with $8500 closing cost assistance. The owner's counter offer ...


 I have a mold issue and the landlord is putting us up in a hotel until fixed, Do we still have to pay rent??
Ok, so we have had water leaks that the landlord failed to fix until weeks had passed and damage was done. Once taken care of (in feb 07) they never addressed the water damage, just the cause. Months ...


 Real Estate. Is it a buyers market or sellers? I want to know from you!?
...


 How kids can help out with moving?
My family and i are planning on moving to a smaller home soon (As in August or September). I was just wondering what us kids, my sister and i (17 and 13) could do to help? Perhaps rais a little money ...


 What rate of interest i will be charged for a home loan of rs.1500000?
i have salary of Rs.10,500/- can i get home loan of Rs.15,00,000/- on it. with what rate of interested and with emi and months it will take to recover it....


 Our house agent says just don't mention it- Is he right?
Our cellar has always been full of water. We are retiring to the seaside now. I'm thinking of calling the cellar a drought-proof water storage facility or should I install a diving board and ...


 Where is the cheapest place to purchase waterfront property in America?
Please provide specifics and web ...


 Landlord Unlawful Entry?
I've been noticing that my landlord enters my apartment when I'm not there and I was wondering what can be done about it. Even though she denies it, I notice that my things are placed where ...


 If you could buy new homes @ 65% of market value, would you buy now?
...


 Can I Sue My Landlord for Harassment?
I live in GA and my landlord's spouse has threatened me physically and I can't afford to live no where else. I rent a house. Can I sue them for the house?
Additional Details
My ...


 I recently got divorced. my ex husband will not refiance?
i am not living at that house. my name is still on the mortgage. is there a way to get my name off?...


 Is it possible for a landlord to raise our rent?
I just recently recieved a notice on my door saying that our water is going to be shut off. I am renting this place by the way. I fear that our rent is too low for my landlord to pay the water bill. I...


 Is a fixed rate the best type of mortgage at present with interest rates being so high?
...


 What happens if the people you buy a house from arent moved out on the possesion date?
We bought a house in a small town 6 months ago. Our possession date is tomorrow. It doesn't look like the people we bought from are making much of an effort to move out. They have built a house ...


 Do you have to have home owners insurance to own a house?
...


 I want to find a good site with rapid results to find a roomate i have a place i need a roommate?
...


 Landlord sold building. Does the buyer have my security deposit?
...


 Would you trust an 18 year old real estate agent??
if not why?

my friend wants to be a real estate agent when he turns 18 and after two years he wants to be a broker. so he'll eventualy be a 21 year old broker.

would you ...



Linda L
Are home prices ridiculous?
I don't understand why there are homes on the market that are ghetto shacks being sold for over $300,000. Does anyone else think that people are getting greedy over real estate and can you actually afford a home?

I can where I live now but if I ever wanted to move someplace else, looks like I'm out of luck.
                     
 




Nikkib
you are sooo right..ive been looking for a house for 5 people and the prices are outrageous..2 bed, 1 bath is going for 260,00..thats really stupid, and i need at least 3 bed, 2 bath..the prices are well over 300,000 and my family cant afford that..its such a shame that, yes, people are greedy over money..


baby7k
yes! espically here in MA.
we're paying 1,300 a month for a 3 bedroom apartment!


Gabriella M
Rating
Yah...in CA the house prices are too high. It's because people want to live here and the human population keeps growing....


INACTIVE
Rating
Its a matter of supply and demand. The market can ask any price it wants but the offers and acceptances are subject to best offers. The houses are going to come down drastically as people lose out to foreclosures being put into homes they cannot afford. Stay where you're at but keep your eyes and ears on the foreclosure listings. You might be in the right place at the right time.


wiseolguy
In the South home prices are still reasonable. I guess when property has been sold through generations no one wants to take a loss....thus up up and away they go......lol
a 2000 living square foot house 3 bedrooms 2 baths under 200,000


Belledejourdenoir
Rating
Si


Mark W
Rating
Over thirty years in the real estate business has taught me the old adage that the only thing that matters in real estate is location,location,loction.
No matter where you live if you want to be where everyone else wants to be you will pay a premium.
Look for areas at the edge of the "hot" areas but are in the direction that popularity is moving. I have seen neighborhoods that are only a mile or two from the hot areas that sell for 20 to 30 percent less. Get in the path of progress and you stand to get a better deal today and big profits tommorow.


JayJay
It really depends on where you're looking to buy. A 2000 square foot house in San Diego, CA. will go for anywhere from $300K and up. The same house in Indianapolis can be purchased from about $90K and higher, depending on the neighborhood.


godged
I don't think it is greed. It is supply and demand. If people are willing to pay $300,000 for a ghetto shack, that is the price.

I often have people complaining about sellers that bought their house for $50,000 in 2000, that are asking $150,000 now, and don't understand it. Others are getting $150,000 for similar properties. It is really of no consequence when they bought it and how much they paid for it. Should they sell it for $50,000 because that is what they paid? No, the value has appreciated, and that is the price.


John W
Rating
Fortunately, real estate prices are governed by supply-and-demand forces. And, also fortunately, the vast majority of current owners own only 1, 2 or 3 properties, so that there is little chance of collusion or other manipulations of the market. Therefore, with so many independent minds holding the real estate, each with their own needs and motivations, we can't speak of them collectively to be able to generalize that they are "greedy" or anything else.

These owners are very important, of course, because they own all the properties. But you, as a potential buyer, are important, too. Some owner out there needs to sell.

Just because somebody was capable of buying property once doesn't mean they are wise to keep holding onto that property. Is this a good time to buy or to sell? There are fundamental conditions and popular perceptions in the market that will cause prices to stay steady or rise or fall. Study these forces and you will have a better sense of whether today's prices are attractive (going to climb) or 'ridiculous' (going to fall). You can be successful at this!

To help with the affordability part of your question, lower your payments without taking on dangerous loan terms by seeking national (U.S.) and/or community-subsidized terms for first-time buyers.


Todd B
Well, to be honest .... That's Life!

Everything goes up, and it's not going down. Bread used to be a nickel a loaf, now it's as high as $3 and $4. Gas was 25 cents a gallon. Everything goes up.

People were saying the same thing you are saying back in the '80's, '70's, '60', ...... '20's. Same pattern, over and over. Home values go up over time, people complain about it, yet nothing changes.

It's a sad fact, but you are right, many people can't afford to simply own a home anymore. Regular, good, hard-working people are being driven to the bad part and to the country side in most areas. City and suburb living is getting too expensive, so many people are starting to take interest in small town living again.

Best of luck to all on their home search.

Todd

MillionaireCoaching.com
HomeBuyingSecretsExposed.com


lost.in.love
No. You can become a real estatist and sell homes for $1 yourself. Sometimes it's not only the house you're buying, it's the neighborhood, the people, the conviences (mall nearby, schools nearby, job is close). A lot more than just a home goes into selling a home. And if it looks like a "ghetto shack" but it's in a great location, it's going to go for a lot. You can always upholster homes. That's a common misconception Americans have; just because you buy a "ghetto shack" doesn't mean it has to stay that way.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.004
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy