S

through my senses -- most likely senseless

Tuesday, July 25, 2006

"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:

Blogger Chakra said...

"buyer's market" - thats a nice term when things r not going their way. :)

8:58 PM  
Blogger Me said...

veedu vaangiteengala....illa innum thedikitu irukeengala....

10:14 AM  
Blogger saranyan r said...

veeda ... ha ha. evlo velai theriyum illa. a 3 bdroom town home costs 700K over here.

2:00 PM  

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