 Zillow.com home estimation is it accurate? |
| Anyone ever go to zillow.com and typed in your address and it shows you how much your property is worth. Is this pretty accurate? I got my propert inspected 3 months ago it was worth 148,000 zilla ... |
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 What to do with my council flat? |
| I have a council flat. But i want to live with other students while at university and possibly do a placement abroad for a few months if i can. I feel tied to it and you arnt allowed to sub let even ... |
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 Is real estate a good career to get in for a 20 year old?? |
| I am debating on whether to continue taking classes toward my major or take real estate classes and try to join a real estate company...what is the market looking like right now, and would I be able ... |
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| When doing a for sale by owner what percentage should a realtor receive...? |
if they bring you a perspective buyer? What are the pros and cons of working with realtors who bring you buyers?
Additional Details
I am experienced with home selling, for my situation a ... |
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 How do you legally evict someone from a property when there is no rental agreement and they don't pay rent? |
| We are in Tennessee. When my husband and his exwife got divorced he moved in to another house. The house they were living in together belongs to his grandfather but is on my husbands property. When ... |
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 Can I legally put someone out of my house if they've been staying with me? |
| I allowed a loser to move in with me because they needed a place to stay. It was not for free, he agreed to help me with bills and rent. However, he quit his job, and is now expecting me to take care ... |
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 I'm hearing that people in Florida.....? |
| are pretty much giving their houses away. Houses are sitting on the market and they are not moving. I am hearing all over that you are stupid not to go down there and buy a house. Where is the ... |
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 Can't make payments, house isn't selling -- what should we do? |
| Our house has been on the market since December, when we moved out to a rental. We have a 1st and 2nd mortgage and owe $10k on a new roof out of escrow. There are a few interested parties, but nobody&... |
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 How to get my landlord to replace our windows? |
| So, my landlord is a bit of a pain in the ***. We had a leak in our roof and it took him like 2 months to have it fixed properly. He was here last week to try to unclog our bathtub to no avail, as ... |
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 Is a realtor a must? |
| i am considering to buy my first home and have gone through so many pages in the web discussing home buying. finished a degree in business (interests and mortgages learned but not real estate). i ... |
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 Is this place worth buying?? |
We're looking to buy a house but it needs a lot of work. I'm trying to get a ballpark figure of how much it'll cost us to renovate and if it's worth it to buy.
The ... |
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 Evicted Tenant's Time to move out??? |
| If a tenant has not paid rent on time and the landlord asks them to leave. What is the legal time the tenant has to move out? Do you have to move out on the time allowed by the landlord? Or is there ... |
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 I have a question about buying a home for the first time? |
What are some of the steps in buying a home for the first time. What things do I need and how does it work?
Additional Details
Thanks Bj80012.. so far.. that is a start..... |
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tonyblair41 | Why are rising house prices 'good'? |
generally speaking rising prices are bad, inflation and we have the Bank of England raising interest rates. However it seems that housing inflation is good for us.Who really benefits from this since even the benificiaries of this rise need someplace to live?. |
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'Dr Greene'
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Its only good if you are investing in property.
For those of us with only one house / home it's all bad news.
The problem is that most people don't see the harm caused when estate agents start inflating valuations in order to top up their commissions. Yes, the seller gets more but the buyer is ripped off, and if you are a seller you are normally buying somewhere else too! |
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Scobill
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The only people who benefit are those who are downsizing and can bank some of the equity to help in their later years . Usually family have left home so a smaller house is all that is necessary , then gran children come along and they realise that perhaps some more space would be nice !!! The only others to benefit are those who inherit a property when a relative dies .... oh and of course there is the banks and building societies who make much more profit for the higher mortgages.. |
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EDWARD W
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Who told you that???? |
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Steve B
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This is NOT a question of ethics ("Good" v "Bad")
It's Basic Economics.
There is a limited supply of Houses and rising demand.
Conclusion == prices go up.
There are 2 ways to reduce prices === one is to increase supply (for example, remove all planning constraints) ... the second is to reduce demand (for example, make it illegal for unmarried people to own houses )
Actually there is a 3rd way = eliminate the private ownership of property (eg. as in a Soviet style dictatorship :-) ) |
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katerschenko
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Good? That 's a good one! Rising prices cause inflation to rear its ugly head as property owners take some of the equity out and spend it on things they cannot afford. It also prevents young people from getting on the ladder. The prices need to keep pace with inflation but not race ahead as that causes distortion in the market. |
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FairyBlessed
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It is only good for either people investing in property for profit, or people moving to a smaller or less expensive property, perhaps for their retirement.
The worse prospect for rising house prices is the revaluing of house prices for council tax purposes. The use value of houses haven't gone up, the money value has, and it isn't fair to up the council tax when there is no added benefit to the residents.
Inflation is always bad in my view, but due to the limited space in the UK for houses, their value will always go up, providing they are maintained in good condition. |
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Terry S
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Rising price are NOT good.
It's called inflation.
Inflation is always welcomed at the beginning of the cycle and cursed at the end.
Inflation is caused by central banks printing too much money.
Rising prices are a SYMPTOM, not the real cause of inflation.
Rising prices are bad for everyone involved.
Example. My dad bought his first house in 1962.
He paid $16,000. That same house sold in 2005 for $245,000.
What's the difference? Same house, same piece of land, same address.
The difference is the Ferderal Reserve has printed so much money the home costs more every year.
Here is the real problem with inflation.
My dad raised 3 kids and a wife on one salary. My mom was a stay at home mom and watched the kids.
Inflation today requires that not only does the mom have to work, but families are trying to figure out how to get the dog, and maybe the kids to earn a little money to help out.
Ben Bernanke will be testifying before congress this week. If you want to laugh your head off, watch it on C-Span.
He'll say stupid things like "We're concerned about inflation and are watching it closely"
Are you kidding me? They are creating inflation but treat it like some mysterious creature they have not quite figured out.
If you want a real education about inflation, go check out the "Financials Sense News Hour" (FSN) every Saturday at http://www.FinancialSense.com
Terry S. |
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harry
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The people who benefit are mainly estate agents, and the banks / building societies who make profits from mortgage lending |
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takeashot30
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I am no expert, increased housing prices mean an increase in the overall economy of that area. Which means that things are going well for that area and everyone's benefitting. |
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dels replies
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Well house owners who sell at the top end of the p[rice scale when they retire and downsize to a less expensive area,property wise,or emigrate and buy a much cheaper place in Spain or wherever and get a new property and cash in the bank as well. |
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