Thursday, June 26, 2008

More on the Supply side to add to the slump in prices

Millions Planning To Sell Their Homes

About one in eight homeowners are planning to sell their property in the coming year despite the current housing market downturn

Posted by doomwatch @ 11:56 AM (1610 views)
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11 thoughts on “More on the Supply side to add to the slump in prices

  • george monsoon says:

    They are in for a shock.

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  • george monsoon says:

    They are in for a shock.

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  • Do anything and everything except drop the price. I think its going to be a long hard road.

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  • “planning” being the key word here. How much money is going to be available to fund these sales ? The market will find its level but other than DDD’s I can’t foresee too much activity…

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  • george monsoon says:

    Whats a DDD?

    and sorry for the double post earlier.. must have hit the button twice.

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  • Death, Disaster and Divorce.

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  • need-a-crash says:

    So you’re saying few people will sell over the next few years… isn’t that bad for us?

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  • This can only mean that prices will plummet. As of course they should. Be patient FTBs.

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  • mark wadsworth says:

    Death, debt, divorce, disaster, dole, drunkenness, disability, djail.

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  • Mark, I believe there are circumstances where benefits are paid earlier than normal for the social security mortgage interest payment, and one of them is if you get Djail.

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  • It only means that we will get nicer, done up houses eventually

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