Comments on: What’s the Value of Your Home? http://www.biggerpockets.com/renewsblog/2009/01/22/what-home-worth-value/ Learn, Network, Invest Sun, 22 Nov 2009 10:53:57 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: James Miller http://www.biggerpockets.com/renewsblog/2009/01/22/what-home-worth-value/comment-page-1/#comment-63502 James Miller Thu, 29 Jan 2009 20:49:06 +0000 http://www.biggerpockets.com/renewsblog/?p=3663#comment-63502 I wholeheartedly agree. I feel that foreclosures have gotten undue credit for the real estate drop. It is merely demand, mainly driven by the amount of the monthly payment the buyer can afford that affects prices. <abbr><em>James Miller’s last blog post: <a href="http://realestategozone.wordpress.com/2009/01/29/how-to-use-real-estate-to-get-an-infinite-return-on-your-money/" rel="nofollow">How to use Real Estate to get an infinite return on your money.</a></em></abbr> I wholeheartedly agree. I feel that foreclosures have gotten undue credit for the real estate drop.

It is merely demand, mainly driven by the amount of the monthly payment the buyer can afford that affects prices.

James Miller’s last blog post: How to use Real Estate to get an infinite return on your money.

]]> By: Jenn Giraldi http://www.biggerpockets.com/renewsblog/2009/01/22/what-home-worth-value/comment-page-1/#comment-63356 Jenn Giraldi Fri, 23 Jan 2009 14:49:51 +0000 http://www.biggerpockets.com/renewsblog/?p=3663#comment-63356 Nice Article! People need to understand that with the huge influx of shortsales, foreclosures, and fire-sales, it effects ALL home values. Clients like to argue with me that their home is still worth X when it is not. Nice Article! People need to understand that with the huge influx of shortsales, foreclosures, and fire-sales, it effects ALL home values. Clients like to argue with me that their home is still worth X when it is not.

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