Comments on: New Home Sales Up; New Home Sales Down: A Real Estate Economy In Flux Makes Trends Hard To Define http://www.biggerpockets.com/renewsblog/2008/08/27/new-home-sales-up-new-home-sales-down-a-real-estate-economy-in-flux-makes-trends-hard-to-define/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: laurie mindnichhttp://www.biggerpockets.com/renewsblog/2008/08/27/new-home-sales-up-new-home-sales-down-a-real-estate-economy-in-flux-makes-trends-hard-to-define/#comment-59682 laurie mindnich Sat, 30 Aug 2008 14:46:54 +0000 http://www.biggerpockets.com/renewsblog/?p=1227#comment-59682 I'm trying to figure out why my Pulte stock is improving right now- in light of the market, one would assume drops, not increases. It's confounding. I’m trying to figure out why my Pulte stock is improving right now- in light of the market, one would assume drops, not increases. It’s confounding.

]]> By: Peter Shuklahttp://www.biggerpockets.com/renewsblog/2008/08/27/new-home-sales-up-new-home-sales-down-a-real-estate-economy-in-flux-makes-trends-hard-to-define/#comment-59654 Peter Shukla Fri, 29 Aug 2008 10:35:45 +0000 http://www.biggerpockets.com/renewsblog/?p=1227#comment-59654 In UK where we are based, the prices have shown the first annual double digit drop for the first time since 1990. Nationwide house price index published yesterday showed that sellers are struggling to sell their houses even at a heavy discount.An average selling price has traditionally been about 93% of the asking price across UK. We are contacted by vendors on regular basis who can not offload their homes discounted at 20% or more. Not that there is shortage of interest among buyers but they are unable to get mortgage loans they used to without having to put down 25-40% deposit.Peter In UK where we are based, the prices have shown the first annual double digit drop for the first time since 1990. Nationwide house price index published yesterday showed that sellers are struggling to sell their houses even at a heavy discount.

An average selling price has traditionally been about 93% of the asking price across UK. We are contacted by vendors on regular basis who can not offload their homes discounted at 20% or more. Not that there is shortage of interest among buyers but they are unable to get mortgage loans they used to without having to put down 25-40% deposit.

Peter

]]> By: St George Rentalshttp://www.biggerpockets.com/renewsblog/2008/08/27/new-home-sales-up-new-home-sales-down-a-real-estate-economy-in-flux-makes-trends-hard-to-define/#comment-59615 St George Rentals Wed, 27 Aug 2008 17:39:43 +0000 http://www.biggerpockets.com/renewsblog/?p=1227#comment-59615 When looking at what the media says you always have to take it with a grain of salt. It seems they always want to report the bad part of any story because that is what gets the ratings. When looking at what the media says you always have to take it with a grain of salt. It seems they always want to report the bad part of any story because that is what gets the ratings.

]]> By: Jenshttp://www.biggerpockets.com/renewsblog/2008/08/27/new-home-sales-up-new-home-sales-down-a-real-estate-economy-in-flux-makes-trends-hard-to-define/#comment-59603 Jens Wed, 27 Aug 2008 12:35:32 +0000 http://www.biggerpockets.com/renewsblog/?p=1227#comment-59603 Might be a good time to start looking outside the US for property investments. Might be a good time to start looking outside the US for property investments.

]]> By: florida propertyhttp://www.biggerpockets.com/renewsblog/2008/08/27/new-home-sales-up-new-home-sales-down-a-real-estate-economy-in-flux-makes-trends-hard-to-define/#comment-59610 florida property Wed, 27 Aug 2008 12:18:28 +0000 http://www.biggerpockets.com/renewsblog/?p=1227#comment-59610 Predicting where things are heading is an impossible task right now. For every pundit forecasting doom, there's a report of more vulture funds buying up cheap property. I guess this is the sort of market where brave investors make a fortune - or lose their shirts! Predicting where things are heading is an impossible task right now. For every pundit forecasting doom, there’s a report of more vulture funds buying up cheap property. I guess this is the sort of market where brave investors make a fortune – or lose their shirts!

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