stirach Posted December 17, 2008 Share Posted December 17, 2008 I guess it's finally starting to happen in Houston:http://www.har.com/mls/dispPressRelease.cfmThoughts? Quote Link to comment Share on other sites More sharing options...
Pumapayam Posted December 17, 2008 Share Posted December 17, 2008 I guess it's finally starting to happen in Houston:http://www.har.com/mls/dispPressRelease.cfmThoughts?As someone living in a house that I plan to live in forever, I could care less. Less taxes for me if my house is devalued.Yay! Quote Link to comment Share on other sites More sharing options...
CHiPs Posted December 17, 2008 Share Posted December 17, 2008 I guess it's finally starting to happen in Houston:http://www.har.com/mls/dispPressRelease.cfmThoughts? Quote Link to comment Share on other sites More sharing options...
jscarbor Posted December 18, 2008 Share Posted December 18, 2008 IMO the end of 2009 could be time to sell. The time to buy will be now. The reason I see the end of 2009 being a good time for seller's is that there are very little houses that will be built in 2009. Financing for new construction is very difficult to obtain. That being said the end of 2009 could in fact be a good time for both buyers and seller's. Low construction cost plus low interest rates for buyers... Quote Link to comment Share on other sites More sharing options...
BryanS Posted December 18, 2008 Share Posted December 18, 2008 Still rock solid in Clear Lake. Just checked HAR. Another house in my neighborhood, with my floor plan, asking price is about 10K more than what I bought my home for, this year. No worries. And should not have to. Because housing, down here, is aligned with income and never got out of whack. Quote Link to comment Share on other sites More sharing options...
crunchtastic Posted December 18, 2008 Share Posted December 18, 2008 Because housing, down here, is aligned with income and never got out of whack.No kidding. This is what just kills me about all economic pundits who see the housing market as 'recovering' only once prices stop dropping and climb back up to artificial highs. When you overbuild and oversell based on imaginary credit, the only adjustment is downward. Quote Link to comment Share on other sites More sharing options...
jgriff Posted December 18, 2008 Share Posted December 18, 2008 Because housing, down here, is aligned with income and never got out of whack.It's aligned with income in Houston too. The problem is that those incomes are going away. Quote Link to comment Share on other sites More sharing options...
insidehouston Posted December 25, 2008 Share Posted December 25, 2008 I think alot of markets around the country tanked in November. 2009 could be rough espically if interest rates go up. Quote Link to comment Share on other sites More sharing options...
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