price up? or down? in one year

Asked by Bigfish, New York, NY Wed May 20, 2009

price up? or down? in one year

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Jim Simms, Mortgage Broker Or Lender, Louisville, KY
Wed Apr 18, 2012
I vote yes, did I get it right?

Jim Simms
NMLS # 6395
Financing Kentucky One Home at a Time
1 vote
Bill Eckler, Agent, Venice, FL
Wed Apr 18, 2012
Simply stated, the answer to your question, "price up? or price down? in one year" is YES!
0 votes
Gary Lee, Agent, Katy, TX
Wed Apr 18, 2012
Some of your answers have been briefly touched. Are you refering to lasts year market as a whole or what to expect this year. Every area of the US is going through it's own phases. Accordingly most prices are stabilized due to appraisal comps in each area unless the home is unique. I can give you precise information if we know what area we are trying to base prices on.Good Luck
0 votes
TCP Real Est…, Agent, Austin, TX
Wed Jul 1, 2009
I would need a little more information than you provided here. You can contact me at 832-563-5221.
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0 votes
Stephen Head, Mortgage Broker Or Lender, The Woodlands, TX
Mon Jun 22, 2009
That depends on the market condition and the foreclosure rate in the area. Many new purchases are not hitting value when the buyer is ready to close the loan. The same goes for basic refinancing home equity loans. Its best to get available comps from a local appraiser.
0 votes
Amber Carril…, , Houston, TX
Thu May 21, 2009
Hi Bigfish,
That really depends on the area. What area are you referring to?

Amber Carrillo, Broker/Owner
It Homes
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