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Wow, prices really are coming down!

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SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Wow, prices really are coming down!

$285K in Holbrook

def needs work, but it's on almost 1/2 an acre!

Posted 10/8/06 7:30 PM
 
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Eva Luna
Be kind...life's hard!

Member since 8/05

4750 total posts

Name:
God, bless & heal my DH, JenG's DH Rob & DebG

Re: Wow, prices really are coming down!

That's a doable kitchen too. About time!! Chat Icon

Posted 10/8/06 7:47 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Wow, prices really are coming down!

that's what the forecasts were saying. My friend who used to be a realtor for 20 years says by January the market will be low enough that sales will be better.

Posted 10/8/06 8:17 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Wow, prices really are coming down!

all I have to say is

External Image

Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 10/8/06 8:17 PM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Wow, prices really are coming down!

Posted by Blu-ize

that's what the forecasts were saying. My friend who used to be a realtor for 20 years says by January the market will be low enough that sales will be better.



i have mortgage bankers telling me people will be begging me to take their house in january - no one can really predict whats going to happen, but prices are definitely starting to fall.

Posted 10/8/06 8:18 PM
 

Eva Luna
Be kind...life's hard!

Member since 8/05

4750 total posts

Name:
God, bless & heal my DH, JenG's DH Rob & DebG

Re: Wow, prices really are coming down!

Posted by Meaghan729

Posted by Blu-ize

that's what the forecasts were saying. My friend who used to be a realtor for 20 years says by January the market will be low enough that sales will be better.



i have mortgage bankers telling me people will be begging me to take their house in january - no one can really predict whats going to happen, but prices are definitely starting to fall.



I hope this happens!! Chat Icon

Lori...you listening? Chat Icon Chat Icon

Posted 10/8/06 8:19 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Wow, prices really are coming down!

May you all find the home that you love!

Posted 10/8/06 8:21 PM
 

Redhead
You Live, You Learn

Member since 5/05

31871 total posts

Name:
Jennifer

Re: Wow, prices really are coming down!

i guess...but imo that place i bet is a dump...

Posted 10/8/06 8:21 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Wow, prices really are coming down!

Posted by Redhead

i guess...but imo that place i bet is a dump...


the kitchen looks decent. nicer than many I have seen in more expensive houses.

I'm sure it needs a ton of work, but the price for all that land & 3 beds is a good sign!

Message edited 10/8/2006 8:23:25 PM.

Posted 10/8/06 8:23 PM
 

julz33
i run for bacon

Member since 5/05

20584 total posts

Name:
julz

Re: Wow, prices really are coming down!

Posted by Redhead

i guess...but imo that place i bet is a dump...




i agree... the first pic looks like my house when we first bought it Chat Icon

Posted 10/8/06 8:23 PM
 

Eva Luna
Be kind...life's hard!

Member since 8/05

4750 total posts

Name:
God, bless & heal my DH, JenG's DH Rob & DebG

Re: Wow, prices really are coming down!

Posted by SweetestOfPeas

Posted by Redhead

i guess...but imo that place i bet is a dump...


the kitchen looks decent. nicer than many I have seen in more expensive houses.

I'm sure it needs a ton of work, but the price for all that land & 3 beds is a good sign!



For once I agree...and the price is amazing for the land. That's a decent mortgage...you fix that up and you're golden. And it's in a very desirable LI SD.

The kitchen looks nice and airy and lots of light...and the rooms look like a decent size.

Posted 10/8/06 8:24 PM
 

scarletbegonia
Mr. Handsome

Member since 5/06

13481 total posts

Name:
V

Re: Wow, prices really are coming down!

Thank God! We are going to be starting our search in about a month or so!


Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 10/8/06 8:28 PM
 

Redhead
You Live, You Learn

Member since 5/05

31871 total posts

Name:
Jennifer

Re: Wow, prices really are coming down!

Posted by SweetestOfPeas

Posted by Redhead

i guess...but imo that place i bet is a dump...


the kitchen looks decent. nicer than many I have seen in more expensive houses.

I'm sure it needs a ton of work, but the price for all that land & 3 beds is a good sign!



yes...it does look like it has a nice kitchen

BUT i would bet the rest of it needs to be CONDEMNED...
call it a gut feeling..

i dare ya to go look at it Chat Icon

Posted 10/8/06 8:56 PM
 

Redhead
You Live, You Learn

Member since 5/05

31871 total posts

Name:
Jennifer

Re: Wow, prices really are coming down!

I would even go so far as to say i would bet that house should be knocked down..

again..it is a gut feeling after seeing sooo many houses at this point

Posted 10/8/06 8:57 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Wow, prices really are coming down!

Posted by Redhead

Posted by SweetestOfPeas

Posted by Redhead

i guess...but imo that place i bet is a dump...


the kitchen looks decent. nicer than many I have seen in more expensive houses.

I'm sure it needs a ton of work, but the price for all that land & 3 beds is a good sign!



yes...it does look like it has a nice kitchen

BUT i would bet the rest of it needs to be CONDEMNED...
call it a gut feeling..

i dare ya to go look at it Chat Icon

hellllllll no Chat Icon

Posted 10/8/06 9:15 PM
 

Redhead
You Live, You Learn

Member since 5/05

31871 total posts

Name:
Jennifer

Re: Wow, prices really are coming down!

ya chicken Chat Icon

Posted 10/8/06 9:18 PM
 

MrsERod
Praying for Everyone.

Member since 5/05

26170 total posts

Name:
MrsERod™®

Re: Wow, prices really are coming down!

that house just came on the market 10/2 - at that same price - so no decrease there.

1. it needs a TOTAL gutting

2. the seller is requesting that all offers be subject to "seller conditions" Chat Icon
(amongst other things)

3. located directly behind that house: POWERLINES!!

Posted 10/8/06 9:30 PM
 

beachgirl13
Mommy to 3 boys!

Member since 5/05

4114 total posts

Name:

Re: Wow, prices really are coming down!

I agree with Redhead, something about those pics makes me think it would need TONS of work. I wouldn't get excited that the price might be reflective of other houses.

Message edited 10/8/2006 11:07:44 PM.

Posted 10/8/06 11:07 PM
 

DRMom
Two in Blue

Member since 5/05

20223 total posts

Name:
Melissa

Re: Wow, prices really are coming down!

If you look at the pic of the kitchen the tile is cracked and coming up. I bet the foundation is bad

Posted 10/8/06 11:10 PM
 

Freddie
LIF Adult

Member since 3/06

1162 total posts

Name:
Freddie

Re: Wow, prices really are coming down!

Posted by Meaghan729

Posted by Blu-ize

that's what the forecasts were saying. My friend who used to be a realtor for 20 years says by January the market will be low enough that sales will be better.



i have mortgage bankers telling me people will be begging me to take their house in january - no one can really predict whats going to happen, but prices are definitely starting to fall.



I'm not sure if that will happen. If prices go down enough it may start another cycle of investment buying.

Posted 10/9/06 8:07 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Wow, prices really are coming down!

Posted by Freddie

Posted by Meaghan729

Posted by Blu-ize

that's what the forecasts were saying. My friend who used to be a realtor for 20 years says by January the market will be low enough that sales will be better.



i have mortgage bankers telling me people will be begging me to take their house in january - no one can really predict whats going to happen, but prices are definitely starting to fall.



I'm not sure if that will happen. If prices go down enough it may start another cycle of investment buying.



with the stock market doing so well, it is a much better investment, imo. It takes a lot longer for cycles in real estate to come around than it does for the stock market.

Posted 10/9/06 8:36 AM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: Wow, prices really are coming down!

Posted by Meaghan729

with the stock market doing so well, it is a much better investment, imo. It takes a lot longer for cycles in real estate to come around than it does for the stock market.

that's absolutely right. people won't be in such a rush to flip houses anytime soon.

the housing market is going through a correction now. the prices were/are absolutely INSANE in many parts of the country. people in this area that thought a ranch would ever be worth $700K in an avg. neighborhood are fooling themselves. the economy here cannot sustain these prices.

Posted 10/9/06 9:39 AM
 

lululu
LIF Adult

Member since 7/05

9511 total posts

Name:

Re: Wow, prices really are coming down!

I don't know that much about Holbrook and the prices there, so my opinion really doesnt mean much - but that house looks terrible. And with power lines right behind, i dont care if it's a 1/2 acre - you couldnt pay me to live there.......

Posted 10/9/06 10:32 AM
 

hazeleyes33
LIF Adult

Member since 5/05

13060 total posts

Name:
Ginger

Re: Wow, prices really are coming down!

Posted by MrsERod

that house just came on the market 10/2 - at that same price - so no decrease there.

1. it needs a TOTAL gutting

2. the seller is requesting that all offers be subject to "seller conditions" Chat Icon
(amongst other things)

3. located directly behind that house: POWERLINES!!





Do you know what street it is on? I live in Holbrook and don't recognize it.

Posted 10/9/06 11:34 AM
 

Maathy317
Grammie's Little Man

Member since 2/06

3235 total posts

Name:
D

Re: Wow, prices really are coming down!

Posted by Redhead

I would even go so far as to say i would bet that house should be knocked down..

again..it is a gut feeling after seeing sooo many houses at this point



I have to agree. I live in Holbrook and know the price of houses here and I would bet there are hidden problems with that house.

Posted 10/9/06 11:35 AM
 
Pages: [1] 2
 

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