Does anyone know where is a good place to move to? (in UK)? |
maybe somewhere that's not too suburban but fairly upbeat with young people. (not Brighton) Additional Details Thank you everyone...
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Refund of rent and deposit question? |
| I rented a private room and bath in my home. Three days after tenant moved in,she moved out without notice. She left me a nasty letter (full of false accusations) stating that I did not provide her ... |
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How expensive is it to sell a house.? |
| I know it probably costs about 1500 pounds to buy a house (survey, solicitors, arrangement fees etc) plus stamp duty if over 125,000. However, how much does it cost to sell a house.... |
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I'm being locked out of my house- is this a violation of my rights? |
| My partner and I are listed as co-owners on the deed. The relationship went sour due to his 'indiscretions' and he changed the locks when I found out; I was not given a key. A judge ordered ... |
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How soon can you purchase a home after filing Bankruptcy? |
| And do anybody know of any companys that do these kinds of home ... |
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My rent is due tomorrow, should I pay it? |
| I emailed my property manager (his preferred way of communication) on 7/6 about 6-7 things that need fixed, got a response 7/9 from his secretary that she would forward it to him. I called him a few ... |
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If you become self employed, what and when do you have to tell your mortgage lender? |
| What are the implications of this, i.e. Can they put your rates up and how would it effect you if you wanted to move house?... |
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What happens when a buyer backs out of a home sale? |
Additional Details Actually, I offered on a house and was out-bidded by another. I just found out they backed out. Will my offer be considered next?... |
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How to buy this house? |
| Okay my Grandmother has a very nice house, I grew up in the house, now she is 85 years old and wants me to buy the house so she can pay off her debt and everything before something happens to her, Id ... |
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Had a offer on my house they want to be in for christmas is this possiable? |
| had a offer on house they had surviours round and informed solictors can it be done before ... |
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How do i get my 21 year old daughter to move out i live on a fixed income and she refuses to help out? |
| i have ask her for 50..00 bucks a week and she just flat out says no she know that my income is limited but doesnt care please ... |
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When your late on rent? |
| I've been late on rent before maybe 4 times in the last 8 months. It's just that I get hit really bad sometimes at the end of the month either my car goes or what not. Anyways, It looks ... |
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Buy an old house or build a new house? |
| Which is better and more economical? Buy a fixer-upper of an old house or buy a lot and build a house on a fair budget?... |
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Apartment vs house? |
| (Need expert advise please) Which one is a better investment? Let say I have a chunk of cash, and I want to buy a property for rent + I will pay off the mortgage in one shot, so I will not borrow ... |
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airlyss | Is the housing slump almost over? |
Just wondering what your opinions were. I'm looking to buy a home in Minneapolis and wondering if you think I should buy now or if prices might get lower and its worth the wait......
Obviously nobody knows for sure, but what are your opinions? |
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DonPedro
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The house slump is a media made issue.
This is a big country with a complex housing market dynamic.
You need to do the research in the markets you wish to participate in.
The ideal situation is to sell in a hot market and buy into a market that is at the bottom of the slump at the same time.
Minneapolis is a sizable market. There should be many neighborhoods in that town that have good resale value and others that have poor resale value.
Rules of thumb:
Do your own research. Yes that is what the Realtor gets paid for but remember the Realtors both yours and the seller's get paid by the seller. So again remember the only person who is looking after your interests is you.
Buy into a neighborhood you want to live in. A house is a place to live first and an investment 2nd.
Buy a house you can afford. Don't over extend your finances.
Buy into a neighborhood that has documented good increase in resale value. You want a house that will appreciate. It does no good to get a good price on a property and then find it has not appreciated or you can't sell it. |
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mackie_kyle
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No chance.
The preceeding housing boom and resultant price increase was on a scale unprecedented in U.S. history. That means that the ensuing "correction" will take much longer than the average correction. Expect this correction to take another several years at a minimum, as prices have now only started to decline. Historically, house prices have been slow to decline as people are reluctant to sell at a loss. However, eventually people will be forced by economic circumstances to lower their prices. Meanwhile several trillion dollars of adjustable rate mortgages are set to reset to higher interest rates over the next 2 years which will compound the problem. Lastly, foreclosures are already running at historically high levels and the economy is still in expansion. If the economy slows materially (recession) then the housing market will fall hard. |
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Bemarian
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It appears that the market will remain soft for awhile, so just keep an eye out for a house you really like and make a lower offer - one you think you can afford to make. It's as much about interest rates, too. Keep an eye on them, and stay away from variable rates!!! And find a real estate agent you can trust as a birddog for your style of home. |
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alformious d
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buy whatever you want whenever you want if you can afford it. do you want to live in a house or in an apartment? your choice... |
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joyceeleann
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no |
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aj's girl
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I don't know about minniapolis. Much of Florida is still in a slump and will get worse. We have high taxes and insurance (because of the hurricanes) which is preventing people from buying. |
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nate
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dont know about over there in minni, but in michigan it will never turn around im convinced of it |
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perfectmom88
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I don't think the housing slump is over just yet but i wouldn't wait too much longer to be on the safe side. The way it is looking now though you could get some pretty good deals. |
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Alterfemego
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You asked this yesterday. I don't think we're quite over it yet. But if you wait, prices may begin to rise again.
So call me, I've love to help you find a home!
Donna 651-226-3929 |
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Anon omus
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talk to an appraisor and a realestate agent. they will tell you exactally when the realestate is at a low, and when its predicted to be at a high again. |
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