Lots of entry lever house in Milpitas, seems a very hot market. But really wonder if the real estate market will keep on being stable? Is it still possible to rise? The price is really high for now.
121042
mortgage rates are on the rise, that usually limits house price appreciation
669242
That does sound suspicious.  Perhaps there are construction problems that make it illegal for the houses to be sold yet.  Or perhaps the builder is in bankruptcy court or something, or a lawsuit, or...who knows what.  Anyway, I'd look toward a different location for now.\n\nYou shouldn't have much problem finding something in this market.  It's a buyers market now, so feel free to make offers below asking price.  \n\n(and if you're looking in Columbus, Ohio, I have a home I need to sell...let me know if you might be interested.)
595926
VIEW, VIEW. VIEW.   It's always about the view.  \n\nI bought property (vacation rental) a while back in the Palm Springs area and paid the highest price in the entire community for the type of condo (it's a golf course community).  But it had the killer views.  Well, when I sold it, it sold for the most of any others of the same plan and it sold in 3 weeks.  There were 10 others on the market that have had to decrease the asking price and some stayed on for over 5 months.  Granted, there were also killer upgrades but I know it was the views.  The views of the mountains added $30,000 according to the appraiser.
567085
Housing prices in Los Angeles County as of May were still rising, but at a much slower rate than in previous periods.  In most other parts of Southern California, housing costs are either flat or are beginning to drop (most notably Riverside, San Bernardino and San Diego counties).  In other parts of the country, housing is starting to decline.\n\nI believe that in LA County housing prices will follow the rest of the country and decline for awhile.  Unfortunately, much of that decline will be triggered by rising interest rates.  So you have to ask yourself: do you want your payments to go into a house that is declining in value, or to interest payments to the bank?\n\nLong term, it doesn't matter when you buy.  Housing will always rise long term.  Many people who bought during the housing boom in the early 90s in LA County were downside for years after the bubble burst in 1991-1992.  The decline bottomed out about 1997 and many people had recovered their losses and were in the black by 2000.  People who held on through 2005 make a killing.  If you're planning to stay for a long time, buy now.  You'll be able to enjoy your new home longer.\n\nIf you're planning to stay a short time and perhaps move to a bigger house in a few years, wait awhile.  Once you buy, you can't negotiate a lower price for the house, but you can always refinance your mortgage if interest rates decline.
516950
What goes up, must come down. In the USA, many people were buying homes, and now they can not get rid of them. My own brother has 4 homes in Florida for sale(Florida took the biggest hit) Nothing sold for a whole year. He is miserable. However, it did look good in the beginning when he was buying it 2 years ago...I would wait for the market to stabilize if I could
572401
Bad time to get into doing it, but I've done it all my life.  My parents started flipping properties when I was a kid in the 70's and so did my (grand) Papa practically until he got alzheimers at 80 years old.  Right now, I'd be looking for under-valued, near or at foreclosure properties in churning neighborhoods.  What is a churning neighborhood?  It is one with reasonably priced homes that starter, basic homes will attract medium income families can feel like they have made a good investment, want a safe place to raise children, in a decent school district with a relatively low cost of living. \n\nDrive around your area, particularly where you see people with exceptional vehicles parked in front of a run-down house.  Most of the time, it is a lower income, blue collar neighborhood, where highly skilled, hard working people have lived.  They took equity out of their houses to fund their lifestyle, especially between jobs, never had time to do home maintenance or improvements because they were too busy working and providing for their families.  Sometimes, they will FISBO (for sale by owner) when things get rough and if you can make a deal that enables them to get some cash out of the property without credit or financial sacrifice, they will sell at lower than market price to avoid paying a real estate agent's commission.\n\nSeek out houses that you can inject funds into to do cosmetic repairs, not major reconstruction.  Always have an inspection performed to determine in advance whether the investment you will have to make can be returned by the purchase price in the market in which you will be selling.\n\nI don't know what market you are interested in investing to flip in, but I do know that if I were to start doing it again in this market, I would not be looking a single family homes.  The last project I had was a 40 unit townhome complex and I think apartment to condo conversion is the next big wave.
422794
There won't be a crash, too many people want property as its the only real investment these days.  You should get on the ladder now before prices go up again.
502550
It's just not in FL, it's like that all the way to the west coast. Prices have dropped from between 5-10% here in just the last few months. New housing construction has slowed to a snails pace and is almost at a stand still. Some places, including Las Vegas are looking at a predicted drop in home values of 25-30%  in the near future. They predict the decline in prices to continue for about 2 years before they level back out. In the meantime foreclosures were up almost 50% this last month in this area (central CA) and are expected to continue into the foreseeable future.
183843
Well, I would definitely wait until these current housing prices bottom out. I'm not sure about the 7 year rule, because real estate is LOCAL. That means if you find a good deal in an area, don't wait to buy it or someone else will. Prices can crash in one area and stay strong in another. It all depends on the local economy.
179598
I am giving my answer without a crystal ball.  The market is on its way down because the price went up too quickly and a lot of emotional buyers got their new houses without knowing how to pay the mortgages.  We will see plenty of foreclosures unfortunately.  If you are looking, please just look and keep looking for the time being.
124356
Commercial property is on the rise. Anything to do with retail is on a current sell out. Even investments in commercial property is rising very well. If youre in Rajasthan, the place is supposed to pick up rapidly for the IT and BPOs. Also, manufacturing in Rajasthan is on a rise. Contact some architects there. Or get in touch with a Civil Engineering/Construction firm immediately.
361207
Keep in mind...........\n\nTimes and markets are changing!\n\nIn California with average homes selling well over $500,000, a 20% decline is $100,000! In any market 'timing is everything'! So, could you afford a loss of 25% of your investment all because of poor timing???\n\nThis last up cycle was 10 years in many parts of the country. The downcycle now started in CA, Wash DC, NYC, Vegas and other hot areas of the past are all soft and getting softer.\n\nFrom 1990 to 1996, the average home in San Diego lost 20% of its' value! The cycle we are now enterng looks like it could well exceed that on the downside!\n\nWith all the 100% financing, interest only loans, EZ qualifing etc...even a slight decline will cause many to be unable to sell for the amount due on their loans!\n\nFor some great 'insider' articles on the San Diego real estate market, which I beli\neve will apply to any of the hot real estate markets of the past five years.....visit:\n\nhttp://www.brokerforyou.com/brokerforyou\n\nhttp://www.downtown-san-diego-real-estate.com/san-diego-real-estate-article-index.htm\n\nhttp://www.brokerforyou.com\n\nhttp://www.san-diego-for-sale-by-owner.com\n\nhttp://www.la-jolla-ca-del-mar-san-diego-real-estate-encinitas-california.us\n\nhttp://www.brokerforyou.com/blogger/index.html\n\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com\nhttp://san-diego-coastal-real-estate.blogspot.com\nhttp://sandiegofsbo.blogspot.com\nhttp://downtown-san-diego-real-estate-views.blogspot.com\nhttp://www.brokerforyou.com/san-diego-real-estate-sales.html\nhttp://www.poway-real-estate.info\nhttp://www.del-mar-real-estate.info\nhttp://www.la-jolla-real-estate.info\nhttp://www.los-angeles-real-estate-brokers.com\nhttp://www.san-jose-real-estate-brokers.com\nhttp://www.orange-county-real-estate-brokers.com\nhttp://www.san-francisco-real-estate-brokers.com\nhttp://www.sacramento-real-estate-broker.com
360630
The market has changed in a lot of areas.   NO BUBBLE THOUGH.  the thing to remember is real estate is a local market.  That being said, these are the reasons a house usually sits on the market:  price, condition.  If it has been on the market since July, relatively that is NOT really a long time, everyone just forgot what a normal market was like in the frenzy of the past few years.  Now if everything else comparable is selling in a matter of weeks then again refer back to the two items above.  Some sellers are just testing the market, some really don't understand that the market determines the value of their home, not them, and some thought appreciation was going to skyrocket forvever instead of normalizing and so kept pulling equity out when they shouldn't have.  (that is a whole other story).  \n\nThere is not standard formula for determining when someone will drop their price.  Sellers are motivated by one of three things generally and which is their strongest determines their pricing strategy.  Time, money, or hassle.  Usually all sellers have all 3 motivations, but one is always the strongest.  If they are being transferred and have to sell in a limited time frame, then they will price slightly below market value, if they want (or need) as much money as possible and have all the time in the world, they may decide to price high (and end up chasing the market usually).  \n\nSo this house may be completely normal in days on market, it may be overrpriced, or it may be in bad shape, or the sellers could have all the time in the world to sell.  Your agent (not the seller's, get your own) should help you by determining market value, based on recent comparable sales, advise you as to market conditons and overall look out for your best interests and try to get you the best deal possible.  The listing agent's job is to do all that for the seller and they do not and cannot represent your best interests.  \n\nGenerally the seller pays the buyer's agent commission (the purpose of the MLS is to offer compensation) so it usually doesn't cost you anything to have your own agent.  I cannot stress this enough, GET YOUR OWN AGENT who will protect you and have a fiduciary duty to you!  And get one that knows what they are doing, that you are comfortable with and that you trust.  Their job is to advise you and help you through the entire process so you need to like working with them.
183551
Best way is to check recent sales prices of other homes in the area.  Try domania.com.  As for what it will fetch in another year from now, no way to predict.
360268
Definitely buy now.  Prices are down, people are anxious to sell and can't find a buyer.  You can get a great deal - that's the catch to find a deal that's really a deal.\n\nBest wishes,\n\npup
441231
Now is the time. The rental market is doing better than the real estate market. In Southern California we currently have very low vacancy rates. The reason now is a good time is because people normally wait until the weather is warmer or for the school (if they have children) to be over. So, go out and find a new places for yourself. Good luck.
121052
Home prices in CA will never go down.... even if the entire housing market crashes around the US... Ca will stay the same or go up. The wealthy will always have money to buy what they want there.