CoolMax is absolutely right, housing is far from bottom. Very soon, we will see a situation that stock market starts to go down while long term bond rate continues to go up.
14#CoolMax
I agree, for people who applied foreclosures, they are not qualified for mortgage for 3 to 7 years, plus the people lose jobs, which means the people who are qualified to buy a house is less and less.............
Hey, I am in RTP too, looks like the housing prices in Morrisville and Cary still hold up. A few houses on my watch list are still there, as the seller does not want to negotiate the price. No buyers step in unless the price is a steals. I am still actively searching for my first house and am worried about the spiking mortgage rate :(
狗仔卡
发表于 2009-6-7 09:46 AM
发表于 2009-6-7 12:24 PM