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Chris Williamson
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Chris Willia…’s Answers (6)
Chris Williamson answered:
Denton,
Home prices are dropping at an accelerating rate.
If you think that is bad, wait until interest rates go up--prices will fall even faster. It would be better for all buyers if interest rates rise. It would just accelerate the foreclosures and bring about lower prices faster.
Stop playing the "interest rates are historically low" card. It's garbage, and any intelligent, prepared buyer knows that.
Chris
Home prices are dropping at an accelerating rate.
If you think that is bad, wait until interest rates go up--prices will fall even faster. It would be better for all buyers if interest rates rise. It would just accelerate the foreclosures and bring about lower prices faster.
Stop playing the "interest rates are historically low" card. It's garbage, and any intelligent, prepared buyer knows that.
Chris
Buy now and you will lose money. Guaranteed.
Here's an article from today:
http://money.cnn.com/2008/06/09/real_estate/worst_hit_market…
Here's an article from today:
http://money.cnn.com/2008/06/09/real_estate/worst_hit_market…
Chris Williamson answered:
Love this article from today:
http://money.cnn.com/2008/06/09/real_estate/worst_hit_market…
http://money.cnn.com/2008/06/09/real_estate/worst_hit_market…
Chris Williamson answered:
Buy now and you will lose money. Guaranteed.
Here's an article from today:
http://money.cnn.com/2008/06/09/real_estate/worst_hit_market…
Here's an article from today:
http://money.cnn.com/2008/06/09/real_estate/worst_hit_market…
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MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.
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