"buyer's market"
apparently the real estate market in the US is now a "buyer's market". and guess who is saying that ... the national association of realtors. what a big joke. the housing market is cooling off for sure, but definitely not a buyer's market. the prices aren't going south, and nor do the lending rates.
a condo in valencia, CA costs around $400,000. renting an equivalent apartment is actually turning out to be cheaper.
you can classify it as a "choose what you want market" as you get more time to buy a home, unlike scrambling to make an overnight offer.
nice way to voice once's concern when the business is not doing great :)
3 Comments:
"buyer's market" - thats a nice term when things r not going their way. :)
veedu vaangiteengala....illa innum thedikitu irukeengala....
veeda ... ha ha. evlo velai theriyum illa. a 3 bdroom town home costs 700K over here.
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