Comments on: A Tale Of Two Housing Markets http://housingdoom.com/2009/04/20/a-tale-of-two-housing-markets/ Thu, 24 May 2012 17:28:21 +0000 hourly 1 http://wordpress.org/?v= By: surak http://housingdoom.com/2009/04/20/a-tale-of-two-housing-markets/#comment-16406 surak Fri, 24 Apr 2009 02:16:50 +0000 http://housingdoom.com/?p=2323#comment-16406 Great chart twist. I agree with village. You dropped the price to affordability and people are able and willing to buy. Great chart twist. I agree with village. You dropped the price to affordability and people are able and willing to buy.

]]> By: Arizzzona http://housingdoom.com/2009/04/20/a-tale-of-two-housing-markets/#comment-16405 Arizzzona Tue, 21 Apr 2009 20:46:11 +0000 http://housingdoom.com/?p=2323#comment-16405 Great chart. Great chart.

]]> By: village idiot http://housingdoom.com/2009/04/20/a-tale-of-two-housing-markets/#comment-16404 village idiot Tue, 21 Apr 2009 04:36:23 +0000 http://housingdoom.com/?p=2323#comment-16404 Homes that people can actually afford are the ones being sold? Imagine that! Homes that people can actually afford are the ones being sold? Imagine that!

]]> By: AZSALUKI http://housingdoom.com/2009/04/20/a-tale-of-two-housing-markets/#comment-16403 AZSALUKI Mon, 20 Apr 2009 16:22:58 +0000 http://housingdoom.com/?p=2323#comment-16403 the other aspect of this interesting chart is where one falls on it. 2 and a half years ago i would've been part of that 250-300 stat. then 2 years ago i would've been part of that 200-250 stat. a year ago....150-200 and i think that's where i fall into now (unless i had to sell IMMEDIATELY, in which case i'm definitely in the 100-150 category). i've lived in my home for 5 years now and it's been very strange to watch the same home (not literally...but the same floorplan) sell for 160K, then 190K, then 240K, then 270K........then 240K, then 210K, and the most recent comp(i beleive) was the one auctioned for 170K. and one is up for trustee sale next month......i'm guessin 140-150K?? on the bright side....some good friends of mine just bought a bank owned for 50K and got an extra 15K in the loan for improvements (which it will desperatley need). 65K mortgage for three bed, 2 bath, carport in an "OK" neighborhood. they'll now pay the same monthly as they pay right now for a 2 bed townhome. with 2 kids...i was thrilled for them!!! the other aspect of this interesting chart is where one falls on it. 2 and a half years ago i would’ve been part of that 250-300 stat. then 2 years ago i would’ve been part of that 200-250 stat. a year ago….150-200 and i think that’s where i fall into now (unless i had to sell IMMEDIATELY, in which case i’m definitely in the 100-150 category). i’ve lived in my home for 5 years now and it’s been very strange to watch the same home (not literally…but the same floorplan) sell for 160K, then 190K, then 240K, then 270K……..then 240K, then 210K, and the most recent comp(i beleive) was the one auctioned for 170K. and one is up for trustee sale next month……i’m guessin 140-150K??

on the bright side….some good friends of mine just bought a bank owned for 50K and got an extra 15K in the loan for improvements (which it will desperatley need). 65K mortgage for three bed, 2 bath, carport in an “OK” neighborhood. they’ll now pay the same monthly as they pay right now for a 2 bed townhome. with 2 kids…i was thrilled for them!!!

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