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April 30, 2008

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Landflip

Unfortunately I feel that things are going to get a little worse before it gets better. However, I do agree with you about people are getting ready to buy. I think some have been sitting on a chunk of money waiting for foreclosures and prices to drop even lower.

Joe Boylan

I work in Colorado Springs. We are seeing pockets do well (under $200,000). I agree that we are building a lot of buyer demand. Probably the most interesting observation is that most lenders I talk to say they have money but not many buyers!

Joe Boylan

http://www.springshomes.com

Cape Girardeau Missouri Real Estate

Around here the market is OK. We did not have the run away prices that many area experienced. Thus the price correction are not hitting us that hard. The biggest problem we have are the tight credit and the media. The paper keeps printing scare stories from the real estate markets coasts.

wbgibbons

The last two points:
There are way too many agents
And most importantly credit is too tight

will be normalizing over the next year. the fist point:
The real estate market got way past rent value

not so sure.

Perdido Key Real Estate
http://www.gibbons-realty.com

Ron

Yes it's a good time to buy, but maybe even better 6 months from now, maybe 12 months from now. It will be bad 3 more years, but for sure better to buy now then it has been for the past 5 years.

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