Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: regli who wrote (41120)	11/14/2005 11:05:53 PM
From: mishedlo	Read Replies (2) of 116555

Chill Settles Over Housing Market These headlines always amaze once one looks at the body. snips: "There's no need for the alarm bells to go off; median prices are just going to come down off very high highs. We're talking about a gain of 12.5 percent that was expected this year to come down to more of about a 5 percent gain in terms of median home price appreciation. So, (there's) more of a leveling off. You have to keep things in perspective here, coming off very high high highs. "If you are looking to buy, it's still a good time to buy because rates, while they have been edging up, are still low, a little over 6 percent and, if you wait, rates are going to be higher and you could price yourself out of the market. It's a good time to buy now, too, because sellers are getting a little anxious, winter is coming up, it's a very slow season and sellers may we more inclined to give you a better price, certainly better than what was going on in the summertime." cbs2chicago.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next