First time (town)home buyer looking for advice - Page 2

Flasch186 · 06-17-2006, 11:15 AM

Quote:

Originally Posted by flere-imsaho

Now, there may be a housing bubble. In fact, i'm sure there are sectors of the housing market that are overpriced. That's not my point, though.

There is definitely, DEFINITELY, Bubbling in specific markets.

Buccaneer · 06-17-2006, 12:28 PM

My dad told me about www.zillow.com

A most amazing site. One of the things I looked at when viewing some of the homes I have lived in (and my current one) is the graph on market/assessed value. If you see an exponential rise in the past few years, that's the bubble. If you see a steady straight line climb, that's a solid market. The bubble climb will eventually right itself down to the expected climb.

I would like to see what others think about this.

Adamski47 · 06-20-2006, 02:24 PM

Update...I think because so many things are up in the air right now I am going to rent one more year. $500 is dirt cheap and I have a real nice place. It will be much easier to make a decision once I am engaged/married and she is done with school. If it all goes to waste (it wont...but I know how this board is...and yes I knocked on wood) I'll be glad I waited anyway.

Adamski47 · 06-20-2006, 02:25 PM

Dola,

I'm hearing that the market isn't "ideal" for buying right now anyway (is it ever?) so I really wont be missing out one more year. It wont kill me to leave some doors open until next year.

sterlingice · 06-26-2013, 02:42 PM

This is another of those threads that's a bit scary to read now. I hope he waited until his girlfriend graduated, they got married, and they bought at (hopefully) the floor of the housing market in the last couple of years.

SI

Flasch186 · 06-26-2013, 03:06 PM

Wow, re-reading this Id say I was pretty on target while Flere was off

At the time it felt like guesswork but I guess somewhere deep in my brain it was absorbing something...what I dunno.

sterlingice · 06-26-2013, 03:16 PM

Quote:

Originally Posted by Flasch186

Wow, re-reading this Id say I was pretty on target while Flere was off

At the time it felt like guesswork but I guess somewhere deep in my brain it was absorbing something...what I dunno.

Like I said in the other thread, you've been pretty spot on not just with predictions but also with advice we've gotten from our realtor so that makes me feel that much more comfortable.

SI

Flasch186 · 06-26-2013, 05:24 PM

Glad I could help in some way....

06-26-2013, 02:42 PM	#55
sterlingice Hall Of Famer Join Date: Apr 2002 Location: Back in Houston!	This is another of those threads that's a bit scary to read now. I hope he waited until his girlfriend graduated, they got married, and they bought at (hopefully) the floor of the housing market in the last couple of years. SI __________________ Houston Hippopotami, III.3: 20th Anniversary Thread - All former HT players are encouraged to check it out! Janos: "Only America could produce an imbecile of your caliber!" Freakazoid: "That's because we make lots of things better than other people!"

06-26-2013, 03:06 PM	#56
Flasch186 Coordinator Join Date: May 2002 Location: Jacksonville, FL	Wow, re-reading this Id say I was pretty on target while Flere was off At the time it felt like guesswork but I guess somewhere deep in my brain it was absorbing something...what I dunno. __________________ Jacksonville-florida-homes-for-sale Putting a New Spin on Real Estate! ----------------------------------------------------------- Commissioner of the USFL USFL Last edited by Flasch186 : 06-26-2013 at 03:07 PM.

06-26-2013, 05:24 PM	#58
Flasch186 Coordinator Join Date: May 2002 Location: Jacksonville, FL	Glad I could help in some way.... __________________ Jacksonville-florida-homes-for-sale Putting a New Spin on Real Estate! ----------------------------------------------------------- Commissioner of the USFL USFL

06-17-2006, 12:28 PM	#52
Buccaneer Head Coach Join Date: Oct 2000 Location: Colorado	My dad told me about www.zillow.com A most amazing site. One of the things I looked at when viewing some of the homes I have lived in (and my current one) is the graph on market/assessed value. If you see an exponential rise in the past few years, that's the bubble. If you see a steady straight line climb, that's a solid market. The bubble climb will eventually right itself down to the expected climb. I would like to see what others think about this.

06-20-2006, 02:24 PM	#53
Adamski47 High School JV Join Date: Oct 2002 Location: Chicago, IL	Update...I think because so many things are up in the air right now I am going to rent one more year. $500 is dirt cheap and I have a real nice place. It will be much easier to make a decision once I am engaged/married and she is done with school. If it all goes to waste (it wont...but I know how this board is...and yes I knocked on wood) I'll be glad I waited anyway.

06-20-2006, 02:25 PM	#54
Adamski47 High School JV Join Date: Oct 2002 Location: Chicago, IL	Dola, I'm hearing that the market isn't "ideal" for buying right now anyway (is it ever?) so I really wont be missing out one more year. It wont kill me to leave some doors open until next year.

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