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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Wed, 02 Feb 2005 06:13:49 -0000
/ Author of the message: Gordon Reeder |
Title of the message: |
Re: First time homebuyer
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Text of the message: |
"Oradba Linux" <techiey2k3@comcast.net> wrote in news:XqSdnSe6epQ0xZ3fRVn-vA@comcast.com: > First time home buyer seeking advice. Is it better to study the local > real estate market and buy when the prices are not in a bubble > or is it a loser's game to time/study the market especially i am > renting right now > Best time to buy is yesterday. Personally I think all this talk about a housing bubble is a bunch of crap. While intrest rates remain low, and banks are expanding their lending to wider fields of prime, and marginal prime barrowers, it keeps the market going. Although it would be wise to ask a realtor about trends in your local market. Unless we re-enter a ression (IE: the recovery stalls) prices will remain strong. As for timing the market. prices tend to rise durring the summer and early fall. In the winter and spring prices tend to hold steady as demand falls off. |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.