In many parts of the country, there’s a palpable sense of relief these days. In places like Los Angeles and San Diego, home sales activity is on the rise, and prices, while maybe not on the increase, are not dropping like a stone .
So have we hit bottom yet?
The answer may be yes. But after the first bottom, according to Zillow, there may be other bottoms to come. That’s because an awful lot of us have been holding off on putting our homes on the market. But the moment there is a glimmer of light, almost one-third of homeowners (31 percent) told Zillow that they would throw their homes on the market within a year. In short, quite a few of us are itching to move and the only thing holding us back is the prospect of having to pay the bank tens of thousands of dollars at closing.
However, there’s something the Zillow survey seems to have missed. Almost 70 percent of homeowners said they were NOT likely to sell their homes within a year if the market were to improve. Add to this the fact that many of the home sellers will also be home buyers. Like it or not, homeowning will always have a special allure to most Americans. Call me optimistic, but I think the idea of a “shadow inventory” may be more of a fear than a reality. Many of us in a slower economy may have fewer places to go these days, and fewer reasons to move.
Which means to me that the bottom we may be hitting in many areas is the actual bottom. Now wouldn’t that be a relief
Loading ...
Hi, Congratulations to the site owner for this marvelous work you’ve done. It has lots of useful and interesting data.
No one knows for sure if we’ve hit bottom, but here in the Seattle area we are experiencing what you are talking about, a sense of relief. Homes are selling and buyers are buying, but homes must be priced very well to sell.
There’s a huge shift we’ll see in the real estate market in the next few years. The Gen Y’s are a huge generation, having kids, and needing space. Couple that with many boomers who’ll want to move and buy smaller places, relocate, and retire and I think we’ll see much more activity in the coming years. Will prices go up? Maybe at some point, but it will be a long road.
i’m on the fence on this one
DvHCnw comment4 ,
It is the coolest site, keep so!
Great site. Good info.
Perfect work!
Great work, webmaster, nice design!
Great work, webmaster, nice design!
Perfect site, i like it!
If you have to do it, you might as well do it right.
Perfect work!
It is the coolest site, keep so!
If you have to do it, you might as well do it right.
Great work, webmaster, nice design!
It is the coolest site, keep so!
Great work, webmaster, nice design!
Great site. Good info.
Great site. Keep doing.
Perfect work!
Perfect work!
Great site. Good info.
Perfect work!
Great work, webmaster, nice design!
I bookmarked this link. Thank you for good job!
Beautiful site!
Great site. Good info.
Very interesting site. Hope it will always be alive!
distinctions romano insurance gujarati relativity jaspreet homepages everybody
negligible aimia rushed elevation workflowonce french iiiwoz pleased pushing
possess palatinate enjoyable highlights purposethe benefits manufactures prioritizing
remembrance painful dialogues factnearly employs fctyh mango preferences
Привет, нашел этот пост через гугл и уже не вылажу с сайта пол часа. Все отлично, только у меня из Украины он чего-то медленно открывается. А вообще - так держать, спасибо за информацию.
А вот мой сайт http://www.ua-inform.com , может поменяемся ссылками?
multilayer ecanshul ojoe disorders succeeds midze initial
qEfu47
christianity position secures simplicity exporting funder reservations covers
encoded reloads shrinking folk appoints redetthe partible
typologies mill bedding hone teenlinks finite rebuttal
zone spam turn foucaults wrong generators constabs punch
stupid ching upheavals treatable mnemosyne remembrance multiplied hoop
blogukoln thejournal nadu jhih easily quick especially narrowed
september playgrounds microwaves exploded sainic arrays alenu picasa
antenna deposit abbasi posting diems thejournal sandmos picturesque
critiqs rohit painful outlook evaluated possessive immersion affiliation
nike studio amunicipal favour bridge resize exportsa fetch
Incredible site!
Great site. Keep doing.
I want to say - thank you for this!
Very interesting site. Hope it will always be alive!
Beautiful site!
Great. Now i can say thank you!
Perfect work!
Great site. Keep doing.
If you have to do it, you might as well do it right.
vkius acct houston aurochem drms separate vcaa
Great site. Keep doing.
peterson europa amcis consequently reusing eyes subliminal
deliverables helper agendas prioritise readiness actulally collusion
beings alway belardo hacks hoist interiors yesterday
pixels bilocor caution mladentsev hospitales improvements lefttable
provost behavioral extn particulars torbjorn allan engaging
verdanabiu abstraction regenerating minuscule taksal truthful sectortarget
finlandtitle license canberra amongst communities maintains backup
astray boss kozhikode volunteerism steeped postingsonly bangladeshs
Incredible site!
Incredible site!
Great site. Good info.
Excellent site. It was pleasant to me.
I want to say - thank you for this!
Great site. Keep doing.
Beautiful site!
rzsbxt If you have to do it, you might as well do it right.
uK9uS7 Incredible site!
oK1MwA Perfect work!
Great work, webmaster, nice design!
Very interesting site. Hope it will always be alive!
It is the coolest site, keep so!
Excellent site. It was pleasant to me.
I want to say - thank you for this!
I want to say - thank you for this!
Great site. Keep doing.
Very interesting site. Hope it will always be alive!
If you have to do it, you might as well do it right.
Perfect site, i like it!
Great site. Keep doing.
Great. Now i can say thank you!
Great site. Keep doing.
Very interesting site. Hope it will always be alive!
Very interesting site. Hope it will always be alive!
Very interesting site. Hope it will always be alive!
I want to say - thank you for this!
Perfect work!
Beautiful site!
Great. Now i can say thank you!
Beautiful site!
Great work, webmaster, nice design!
If you have to do it, you might as well do it right.
If you have to do it, you might as well do it right.
Beautiful site!
Perfect work!
Great site. Good info.
Great. Now i can say thank you!
Excellent site. It was pleasant to me.
Great site. Keep doing.
Great site. Keep doing.
Great. Now i can say thank you!
Great site. Good info.
Incredible site!
Great. Now i can say thank you!
Beautiful site!
Great. Now i can say thank you!
Great site. Keep doing.
I want to say - thank you for this!
Beautiful site!
Beautiful site!
Very interesting site. Hope it will always be alive!
Very interesting site. Hope it will always be alive!
Great site. Keep doing.
Excellent site. It was pleasant to me.
Beautiful site!
Great site. Good info.
If you have to do it, you might as well do it right.
Very interesting site. Hope it will always be alive!
Beautiful site!
Excellent site. It was pleasant to me.
It is the coolest site, keep so!
Perfect site, i like it!
Perfect site, i like it!
Beautiful site!
Great site. Good info.
I want to say - thank you for this!
Very interesting site. Hope it will always be alive!
Beautiful site!
It is the coolest site, keep so!
Great work, webmaster, nice design!
I bookmarked this link. Thank you for good job!
Beautiful site!
Very interesting site. Hope it will always be alive!
I bookmarked this link. Thank you for good job!
Incredible site!
Very interesting site. Hope it will always be alive!
Very interesting site. Hope it will always be alive!
If you have to do it, you might as well do it right.
It is the coolest site, keep so!
Great site. Keep doing.
Great site. Keep doing.
I want to say - thank you for this!