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Housing market pace is slowing

103005FallBride Posted:

Re: Housing market pace is slowing

I like this guys opinion.....
'foresees 10 percent annual price declines on Long Island -- perhaps as soon as June.'
lrs2005 Posted:

Re: Housing market pace is slowing

that article was contradictory insofar as in the middle of it the realtor said that there will be 10% annual decreases in the market, but at the end the realtor said the 2006 market would increase so I am not sure how great the article was, only time will tell.

103005FallBride Posted:

Re: Housing market pace is slowing

Posted by lrs2005

that article was contradictory insofar as in the middle of it the realtor said that there will be 10% annual decreases in the market, but at the end the realtor said the 2006 market would increase so I am not sure how great the article was, only time will tell.


Yeah, saw that...that's why I posted what 'I' liked. Noted that it's all opinions too....sure time will only tell, but for those of us who cannot afford a home right now...these articles make us feel like there's a light at the end of the tunnel...and might keep us here instead of fleeing the area like so many people are.
Meaghan729 Posted:

Re: Housing market pace is slowing

he didn't say the market would increase at the end

he said :

'I believe we're still going to have a good real estate market this year,'

what the heck does that mean?? a good real estate market to one person is quite different to another...

just goes to show you that no one knows what can happen!
curliegirl Posted:

Re: Housing market pace is slowing

He's probably just referring to # of sales, maybe not necessarily prices....and it sounds more like he just wants to sound positive......as an agent myself, it's a little unnerving.....

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