when the real estate market be better?
923954
Real estate market is great right now!  You can never do wrong with real estate, it's growing every day...so go for it if you can..
175547
I sure hope so.  I am sick of apartment living but can't afford housing here.  I say stick it out in the apartment for at least another few months to see what the market does.  I have a feeling it will be going in our favor.  Maybe it's just wishful thinking.
1038484
I think they will be getting worse because the market is softening.  its getting tough and agents will do what they have to do to survive.  I was doing an open house and an agent was trying to show off in front of  his client and made unprofessional statements regarding the lack of amenities in the house  that i was doing the open house at.  he said his listing which was next door would sell before mine.  he was trying to look good in front of his client.  in my opinion he just looked stupid.
30249
Both answers are true, real estate is a growing market, and the first sale is the hardest, but after that, it is smooth sailing.\nP.S. I've always wondered, 'Real Estate,' as apposed to 'Imaginary Estate?' let me know someone, poptartisme3@yahoo.com
1036555
There have been recent reports indicating that the red-hot real estate market of late has started slowing.  Howerver, while real estate as a whole may be slowing, each market is different.  There may be areas of the country where prices are falling and building is slowing, but there may be others where the market is still red-hot.\n\nYou will probably need to look on a more local level to detemine what is going on and how it will affect you.
594868
Dear Ortiz,\nNow that the housing market is finally looking up, it's the perfect time to seek out a new place to live. This summer you need to shake off that "lucky I even have my folks to live with" mentality, polish up your shoes, and explore your living quarters options! There are fun, flexible, fantastic places out there just waiting for someone like you!\nNow, get out there and pound the pavement. Beat on some doors until you latch onto that incredible tree house or fort you always wanted! \n(I heard the Blackhawk area is a great place to find a cardboard box near a dumpster behind the pizza joint?)\n-Noah
253236
These rates aren't very high compared to the 80's when there double digits. I think they will climb to around 8% or so. The constent slow down of the real estate market will result in over supply with less demand. Maybe in order to increase purchases at the present higher than they ought to be prices the Feds will lower the interest rates to seduce buying.
1110783
There is no "standard", just what the market will bear.\n\nBut I just heard a figure you may find interesting.  There was a survey done recently by real estate people and the average monthly rent increase is expected to be 5.3%, about double what the average increase was last year.\n\nReason given is that interests rates are rising so home purchases are slowing.  More people are staying in apartments so demand is up.  Supply is also down as many apartments are being converted to condos.\n\nSounds like you did pretty well.
365434
Real estate agents use MLS software to map past real estate trens. If your view is more to the future, look at chnages in cost of financing, changes in real estate pricing, number of days a property is on the mkt and so forth. There are no hard and rules since real estate is dependent on changes in other inter-related industries (fianancing, construction etc). Also, each market operates different and urban areas where housing is at a premium, will not see that sharp decline in values anticipated for other markets. They may drop slightly and level off/hold for a while....\n\nBut really, every 5-years we go thru a boom and burst....
353989
Consult a reputable real estate attourney to find out...
725005
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.
383299
you think you hear about the housing market too much, try being a realtor!  :)
696624
You have out of sight housing prices over there too? The market here(US) is finally cooling off. Now maybe regular people just might be able to think about buying a house again.
317814
You are asking the Million Dollar question. But from my personal opinion, Real Estate Market is slowing down it shows signs of decress in growth each year. However, decress in groth means that it does not go up as much as last year but it's still going up. Last year there was a 13% increase in home price in LA county, and 15% the year before, and 20% the year before that. So house price is still going up. Make sure you invest in good location. \nAfter all, real estate is all about location.
454005
This market has seen an influx in investor properties over the last few years.  The increased demand for housing has allowed that investor market to flourish, allowing them to "flip" their properties for a tidy profit.  The demand has been so crazy that nearly every house placed on the market would received multiple offers, usually resulting in a sale price over asking.\n\nUnfortunately for them, recent trends where increasing interest rates, greedy homeowners trying to cash in have pushed the prices sky high.  Buyers have been more reluctant to plunk down $600,000 for a 1700 Square Foot house inside the Beltway, and some houses have started to sit for longer than was the norm.\n\nThis has caused the media pundits to claim that the bubble is bursting, where the actual truth is that the market is becoming more even, where Buyers now have more choice and can ask for normal items in a contract offer, such as a Home Inspection.\n\nWhat has been going on for the last 4-5 years is not normal, but people don't always remember the normal times, they remember the recent times.  What has changed is that any old run down house will sit on the market, as it should.\n\nThis change in the market is better for all.
773865
yes. Interest rates are low. There are less buyers on the market, which gives you an advantage. Anxious sellers and developers/builders are offering many different incentives. Ask about them. The problem with waiting until Spring or Summer is that there are going to be more buyers and you will have a little less negotiating power.
457781
No.  Condos are now more expensive than they were before the crash 6 years back.  That's really telling on where the market is.  Buy low and sell high, right now is high.  Buy only if you really need a place to live and outside the metro area is always a better buy and less prone to big price swings.