We are hoping to be looking to buy a house this summer, and from where I've looked (Durham NC and Athens GA) I can't see that housing prices have come down much if at all, yet. Not in the neighborhoods I want to live in, anyway - maybe in the newer pop-up suburban developments. There's a house for sale in my hood for $950K, which is, frankly, laughable. Unfortunately, where we are in our lives, it's not so practical to wait another year hoping prices will come down. I mean, if I move to a new city, I want to buy a damn house, not rent and wait and move again.
Okay, um, I'm lost. Uh, I'm angry, and I'm armed, so if you two have something that you need to work out --
Mal ,'War Stories'
Natter 57 Varieties
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
flea - Mar 20, 2008 10:11:27 am PDT #6237 of 10001
information libertarian
amych - Mar 20, 2008 10:14:32 am PDT #6238 of 10001
Now let us crush something soft and watch it fountain blood. That is a girlish thing to want to do, yes?
My local impression is flea's impression -- just from gut-level walking around info, it seems like houses in our (adjacent) hoods are staying on the market a bit longer, but the prices haven't really changed much at all.
Atropa - Mar 20, 2008 10:15:49 am PDT #6239 of 10001
The artist formerly associated with cupcakes.
FBI probes Countrywide for possible fraud
So here's MY completely clueless question: if Countrywide does get busted for something, what happens to people that Countrywide holds the mortgages for? (They weren't our original mortgage company, but took over/absorbed it.)
tommyrot - Mar 20, 2008 10:16:37 am PDT #6240 of 10001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
My parents have had their house (and barn, etc.) on the market for more than a year. I don't know if prices are going down or what, but I think there's much less actual buying and selling going on now.
Oh well. At least they got good money for the farmland. And the cows, etc....
Aims - Mar 20, 2008 10:17:49 am PDT #6241 of 10001
Shit's all sorts of different now.
Around here, they are staying on the market on average about 9 months and being sold for about 10%-20% lower than their asking prices.
Joe and I are thinking about the possibility of buying my grandparent's house. Maybe. Sort of. But only because we can get it for around $60,000. It's nothing grand, but it's about 2000 square feet, full basement, garage, yard.
Ginger - Mar 20, 2008 10:18:51 am PDT #6242 of 10001
"It didn't taste good. It tasted soooo horrible. It tasted like....a vodka martini." - Matilda
Around here, and I suspect that includes Athens (Go Athens! Choose Athens!), people seem to be putting houses on the market at about the same price they were, but more houses have been sitting with a For Sale sign in front of them for months.
sumi - Mar 20, 2008 10:20:53 am PDT #6243 of 10001
Art Crawl!!!
You know, it's almost 50 degrees right now and yet, it's supposed to snow sometime in the middle of the night.
We're in for some bumpy weather this evening, aren't we?
tommyrot - Mar 20, 2008 10:22:01 am PDT #6244 of 10001
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
We're in for some bumpy weather this evening, aren't we?
Yep. About 6" of snow tonight/tomorrow.
Earlier they were forecasting ice pellets!
flea - Mar 20, 2008 10:24:15 am PDT #6245 of 10001
information libertarian
Don't say that, you midwesterners! We are flying to Cleveland tonight and neither I nor the kids have decent winter gear (any more, in my case).
Emily - Mar 20, 2008 10:24:37 am PDT #6246 of 10001
"In the equation E = mc⬧, c⬧ is a pretty big honking number." - Scola
I just googled "dance the hoochie coo standing on the corner." Google must think I'm looking for 1920's hookers.