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Nesgroup address: alt.real-estate-agents - Date & Time for the message: Fri, 26 Aug 2005 21:00:21 GMT
/ Author of the message: "Joe" |
Title of the message: |
Question: Buy Now..or Wait?
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Text of the message: |
Hi, Although I follow real estate new somewhat, I wanted some straight foward opinions on the current housing market from others. I just sold my principle residence having the feeling that prices were about to decline ( I owned in one of those double digit increase areas in suburban NY). I enjoyed watching the prices go up, up, up and figured it's time to jump ship and rent for a while. I realized an 800% gain. My question is. With the high heating costs anticipated for this winter, the overheated prices, the increasing taxes and interest rates, when do you think it would be a good time to jump back in? How much will prices declince before settling down again? I read where inventories are way up in many areas and this will pressure price declines and trigger another buyer's market that we saw a decade ago. What regions are most susceptible and where is a good place to invest in real estate now..or in the future? |
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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.

