|
|
 |
|
Govt Index shows Largest quarter to quarter fall off in home price increases in three decades
| Posted By |
Message |
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Govt Index shows Largest quarter to quarter fall off in home price increases in three decades
Hooray for the Buyers!
|
Posted 9/5/06 12:19 PM  |
| |
|
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
cjik
Welcome 2010!
Member since 2/06 8879 total posts
Name:
|
Re: Govt Index shows Largest quarter to quarter fall off in home price increases in three decades
Yeah, but I'm not seeing any serious movement in the seller's prices! A few places have lowered their listings, but most have not at all.
DH and I were hopeful prices would start to drop after the articles that came out week before last about the housing market about to crash, but no serious change.
We were really getting depressed last night. We kept going farther and farther out on LI, and while some houses are almost in our reach, they are not quite at a point where we can afford them. And I must say, our combined income would be high anywhere else in the country but here, so if we can't do it, I don't know how anyone else is managing. We're both really starting to wonder if we can afford to stay here.
|
| Posted 9/5/06 7:03 PM |
| |
|
Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
|
Re: Govt Index shows Largest quarter to quarter fall off in home price increases in three decades
you need to wait longer then a week for sellers to drop prices
they need to let it sink in, see people are jumping on the house- this process takes time
it does not happen over night
stay strong- you'll find your house
|
| Posted 9/5/06 7:15 PM |
| |
|
SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
|
Re: Govt Index shows Largest quarter to quarter fall off in home price increases in three decades
Posted by cjik
Yeah, but I'm not seeing any serious movement in the seller's prices! A few places have lowered their listings, but most have not at all.
DH and I were hopeful prices would start to drop after the articles that came out week before last about the housing market about to crash, but no serious change.
We were really getting depressed last night. We kept going farther and farther out on LI, and while some houses are almost in our reach, they are not quite at a point where we can afford them. And I must say, our combined income would be high anywhere else in the country but here, so if we can't do it, I don't know how anyone else is managing. We're both really starting to wonder if we can afford to stay here.
I could have written this myself a few months ago. we can't stay on LI. we're not going to struggle for the next 30 yrs just so we can stay here. add to the rediculous amount of $ for housing the very high taxes, outrageous utilty costs, etc. well, it's not pretty once you crunch the numbers!
the decision was not easy, but we're mostly likely moving to NC.
Message edited 9/5/2006 8:28:14 PM.
|
| Posted 9/5/06 8:19 PM |
| |
|
MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
|
Re: Govt Index shows Largest quarter to quarter fall off in home price increases in three decades
the article even says that the bigger prices drops are coming- due to sellers still being stubborn.
|
| Posted 9/5/06 8:29 PM |
| |
|
Potentially Related Topics:
Currently 283208 users on the LIFamilies.com Chat
|
Long Island Bridal Shows
|
|
