Jump to content
House Price Crash Forum
Sign in to follow this  
Garf

Us Home Owners Are In Denial (Soon They'll Be In Da Mississippi)

Recommended Posts

Sellers who bought their houses before the bubble, and those who bought during the big run-up in home values, also are overpricing their homes, but not by as much. Those who bought before 2002 are pricing their homes roughly 12 percent over market value, while those who bought from 2002-06 price them about 9 percent over market value.

I wonder how many are over pricing to try and break even?

Share this post


Link to post
Share on other sites

A new report from the real-estate site Zillow shows that sellers in the US who bought their homes in 2007 or later are overpricing their properties by an average of 14 percent.

http://finance.yahoo.com/news/Homeowners-in-Denial-About-nytimes-2586795538.html?x=0&.v=1

14% is amateur. We could teach them some REAL overpricing..

Share this post


Link to post
Share on other sites

In the USA, the Banks are sitting on hundreds of thousands of repossessed properties.

Drip feeding them into the market, to keep prices high, and then denying they are doing this.

This is not a 'Free Market' Economy.

Edited by Milton

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.