OK, the water is chest deep now. I started wading in here, and I just don’t know when to stop.
So, what do I see happening with interest rates? Overall, I see them going down. But, I think they’ll go up first. Was that vague enough that I can claim victory no matter what?
First, the case for rate rising. In the short term, I see
Boy, am I going to wade into it this time…
I was wandering through the FOXNews Real Estate section, and came across this feature story. Reading this, one would think we were seriously in trouble. “… from San Francisco to San Diego — is predicted to decline
So, don’t screw it up.
Do you feel like you should rush out and buy this house?
There are a few things that have my shorts in a bunch… so, here they are. Careful. They’ve been brewing for a little while.
There is a house in my subdivision that has been under contract since February… that’s right, February. It will take six months if it closes on time. This house is listed with a flat-fee company. The listed price was reasonable (I’ll be curious what it actually sold for). When it went up for sale, it was a well kept house. Of course, now it looks pretty run down. The grass was cut once or twice, and is LOADED with weeds. It is actually a fight to get to the front door.
After posting up about What buyers are looking for yesterday, I got to thinking about an article I wrote on my website a couple of months ago. I thought it might go well here also. It is a little more specific about what I am looking for when I am looking at a home from a buyer’s perspective.
Many people make improvements or modifications to their homes. Some are made to increase the livability of the house, other are made to increase its value. Still others are made to put the house back into working order.