Comments on: Is Waiting for the Real Estate Market to Bottom Out a Smart Thing? http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/ Scottsdale homes, real estate, market reports, neighborhoods, events, and great places around town Thu, 17 May 2012 16:43:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dru Bloomfield http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/comment-page-1/#comment-186 Dru Bloomfield Fri, 28 Mar 2008 12:56:05 +0000 http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/#comment-186 Steve & Irene, I agree wholeheartedly. In the heat of our market, homes sales peaked here in June of 2005. While a decrease was noted in July, it took until September/October for people to really start thinking times were changing, and then by December, it was very clear. Steve & Irene,

I agree wholeheartedly. In the heat of our market, homes sales peaked here in June of 2005. While a decrease was noted in July, it took until September/October for people to really start thinking times were changing, and then by December, it was very clear.

]]> By: Dru Bloomfield http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/comment-page-1/#comment-185 Dru Bloomfield Fri, 28 Mar 2008 11:41:33 +0000 http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/#comment-185 Chris, You twittered me a great link from your Florida market that really confirms and adds value to this post. <a href="http://www.floridarealtors.org/NewsAndEvents/n1-030308.cfm" rel="nofollow"> A rising mortgage rate could nullify future price drops </a> Thanks! Chris, You twittered me a great link from your Florida market that really confirms and adds value to this post.


A rising mortgage rate could nullify future price drops

Thanks!

]]> By: Steve Belt http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/comment-page-1/#comment-181 Steve Belt Thu, 27 Mar 2008 18:28:46 +0000 http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/#comment-181 The bottom of the market will be an obvious thing, when it's 6 months or a year in the past. You'll look back and go, see the graph, there it was! It's like looking at the graph and seeing the top of the market. It's funny, that the psyche of many buyers is they are willing to may more for a home, by waiting too long, rather than take a risk that they pay too much today, for a home that may decline in value. It's almost like knowing you paid more is easier to swallow than wondering if you paid more... The bottom of the market will be an obvious thing, when it’s 6 months or a year in the past. You’ll look back and go, see the graph, there it was! It’s like looking at the graph and seeing the top of the market.

It’s funny, that the psyche of many buyers is they are willing to may more for a home, by waiting too long, rather than take a risk that they pay too much today, for a home that may decline in value. It’s almost like knowing you paid more is easier to swallow than wondering if you paid more…

]]> By: Irene Hammond http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/comment-page-1/#comment-179 Irene Hammond Thu, 27 Mar 2008 16:04:58 +0000 http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/#comment-179 Great Post Dru. No one will know the bottom till it has past. With increased home sales happening across the valley, I think we are seeing the change happen now. Great Post Dru.

No one will know the bottom till it has past. With increased home sales happening across the valley, I think we are seeing the change happen now.

]]> By: Chris Griffith http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/comment-page-1/#comment-178 Chris Griffith Thu, 27 Mar 2008 15:59:39 +0000 http://athomeinscottsdale.com/2008/03/27/smart-to-wait-for-real-estate-market-to-bottom/#comment-178 Amen! Amen!

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