Comments on: Real Estate’s Road to Recovery
Newest First
By Tamarack on 01-27-13 @ 9:41 am
This is great news for home buyers and home owners!
By Shannon Chaix Realtor on 01-27-13 @ 9:53 am
It definitely is great news! The upcoming Spring months look very promising for both buyers and sellers. A good time to make a move!
By Fast on 01-27-13 @ 2:02 pm
My neighbors in Bigfork can’t sell because they owe twice as much as the market says there houses are worth.Having record low interest rates is ok if you buy below the market value now, but when interest rates go up as they
will, less people/business’s will qualify for loans driving values down. Don’t expect this market to be like it was in
2005-2006. that financial market/credit for restate then was a hoax. Remember people in realistate make money in
up and down markets the same ones that said in 2006 that this market was going to be the next Jackson Hole and
now they are telling sellers they need to lower there selling price. Don’t get me Wrong I like realistate in retired early
From it.
.
By GATE on 01-27-13 @ 6:11 pm
When has a Realtor ever told you it wasn’t a good time to buy Real Estate? Let’ call this the Lance Armstrong Real Estate recovery. ‘Sugar Daddy’ Ben Bernanke has been frantically ‘Doping’ the Real
Estate market with artificially low interest rates in an attempt to reflate the Housing market while the
Government ‘rescue’ programs have at least temporarily
stabilized some markets. With the massive amounts of Government, Corporate and personal Debt
continuing to skyrocket unabated, at some point in the not-to-distant future the props will be taken
away, interest rates will return to their historical norm or higher and debt deleveraging will create the
perfect storm that will shave at least another 50% off of current National housing prices.
The views expressed in the comments section do not reflect those of the Beacon.