It does seem to brokers and agents that the market is stabilizing but I really think that it is not. Right now there are more buyers then there was a year ago but I also think there will be more foreclosures and short sales. I think once the buyers that are quick to jump run out and the rest of us realize that things will still continue to go down due to market correction, buyers will have more a wait and see attitude. - Tue Aug 12 2008, 13:11
I'm tired of hearing how these places are such a "good bargain". They are not a good bargain, they are priced how they should be priced and everyone that is selling for higher will hopefully "get it" soon that they are still asking for too much money. The housing boom was only created because of the stated in-come loans and everyone went crazy thinking how much more they could buy while knowing they really couldn't afford it - it was completely artificial. There are still a ton of homes that will default and there will be lots more to chose from, so be paitent. Everyone is once again, getting on the band wagon. Once everyone realizes that is this a market correction and not just a temporary thing, it won't be so hard to find a home you want. - Tue Aug 5 2008, 13:30
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.