Comments on: America’s New Depression? | It Can’t Ever Be As it Was http://www.newhomessection.com/blog/america%e2%80%99s-new-depression-it-can%e2%80%99t-ever-be-as-it-was/2009/02/06/ New Homes blog with information about new homes and home builders Mon, 06 Feb 2012 03:55:28 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: San Diego Homes Seller http://www.newhomessection.com/blog/america%e2%80%99s-new-depression-it-can%e2%80%99t-ever-be-as-it-was/2009/02/06/comment-page-1/#comment-15780 San Diego Homes Seller Thu, 14 May 2009 20:50:28 +0000 http://www.newhomessection.com/blog/?p=1658#comment-15780 I agree that it has been rough for home owners, and somewhat frightening for many to see home values fall. But there are signs of a bottom in the San Diego real estate market. Entry-level homes are selling like hotcakes, especially low priced foreclosure properties. In San Diego this means houses priced around $350,000. Overbidding has become common with these distress sales. True, these houses were selling for upwards of $550,000 to $600,000 a few years ago, but there are many banking on a recovery. It's amazing how many all-cash buyers are out there. So no matter how bad it gets, there are still lots of people with money. Hopefully the San Diego market is a reflection of signs of life in the rest of the U.S. and globally. I agree that it has been rough for home owners, and somewhat frightening for many to see home values fall. But there are signs of a bottom in the San Diego real estate market. Entry-level homes are selling like hotcakes, especially low priced foreclosure properties. In San Diego this means houses priced around $350,000. Overbidding has become common with these distress sales. True, these houses were selling for upwards of $550,000 to $600,000 a few years ago, but there are many banking on a recovery. It’s amazing how many all-cash buyers are out there. So no matter how bad it gets, there are still lots of people with money. Hopefully the San Diego market is a reflection of signs of life in the rest of the U.S. and globally.

]]> By: Depression http://www.newhomessection.com/blog/america%e2%80%99s-new-depression-it-can%e2%80%99t-ever-be-as-it-was/2009/02/06/comment-page-1/#comment-14071 Depression Mon, 27 Apr 2009 13:28:01 +0000 http://www.newhomessection.com/blog/?p=1658#comment-14071 Maybe not - but I don't think it will get too hard. every twenty years or so the economy will have problems and the dollar amount will rise along with how much costs and how much people make. it's life. <abbr><em>Depressions last blog post..<a href="http://www.beatingdepression.net/the-insider-secret-to-relieving-depression-gardening/" rel="nofollow">The Insider Secret To Relieving Depression - Gardening!</a></abbr></em> Maybe not – but I don’t think it will get too hard. every twenty years or so the economy will have problems and the dollar amount will rise along with how much costs and how much people make. it’s life.

Depressions last blog post..The Insider Secret To Relieving Depression – Gardening!

]]> By: JaysonNHS http://www.newhomessection.com/blog/america%e2%80%99s-new-depression-it-can%e2%80%99t-ever-be-as-it-was/2009/02/06/comment-page-1/#comment-8354 JaysonNHS Mon, 09 Feb 2009 21:02:49 +0000 http://www.newhomessection.com/blog/?p=1658#comment-8354 @Mike - LOL, I've never compared it to an ATM - nice. @London Property - Thanks for stopping by - I hope things aren't worse than they've ever been, but it looks like we're heading in that direction (hopefully, things turn around). I think we need to just focus on making ourselves more productive and start saving more. @Mike – LOL, I’ve never compared it to an ATM – nice.

@London Property – Thanks for stopping by – I hope things aren’t worse than they’ve ever been, but it looks like we’re heading in that direction (hopefully, things turn around). I think we need to just focus on making ourselves more productive and start saving more.

]]> By: Mike Taylor@Indianapolis Real Estate http://www.newhomessection.com/blog/america%e2%80%99s-new-depression-it-can%e2%80%99t-ever-be-as-it-was/2009/02/06/comment-page-1/#comment-8225 Mike Taylor@Indianapolis Real Estate Fri, 06 Feb 2009 22:24:12 +0000 http://www.newhomessection.com/blog/?p=1658#comment-8225 You make some really points in this post. Everyone lived in a dream world for the last decade or so. It is time to get real and live like responsible human beings. Using your house as an ATM because its value tripled...those days are gone. Time to get back to basics. You make some really points in this post. Everyone lived in a dream world for the last decade or so. It is time to get real and live like responsible human beings. Using your house as an ATM because its value tripled…those days are gone. Time to get back to basics.

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