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Dec 21, 2009, 12:08pm

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Topic: Buyers market, should i invest? (Read 276 times)

Darrel
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Buyers market, should i invest?
« Thread Started on Jul 15, 2006, 4:45pm »

Hey folks, i've noticed that the valley's real estate market as declined some. There are properties selling 10 - 15,000 dollars below appraisal. Do you think it' a good time to invest in property? I'm new and would like to learn the ropes...

Thanks for your time,
Darrel

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Terry
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Re: Buyers market, should i invest?
« Reply #1 on Jul 17, 2006, 12:52am »

Hi,

I would not be in a hurry to invest just yet. With interest rates on the rise, sellers may be willing to drop their prices even lower. The market was so over inflated to begin with, that i think there is still room for prices to come down. That's just my opinion. Good luck to you!

Terry

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Norman
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Re: Buyers market, should i invest?
« Reply #2 on Jul 20, 2006, 1:48pm »

Hey! i think i can like this site... I just found it! Anyway to answer your question. I agree with Terry. I wouldn't be in a hurry to start investing just yet. It's a tough market right now, it's hard to say what's going to happen with Arizona's real estate market, look what happened in 2005. Since the prices are coming down, there could be another boom next year.

Wish i had a better answer for ya. But one bit of advice i can give, i don't think you really can loose in real estate.

Norman

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Dean
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Re: Buyers market, should i invest?
« Reply #3 on Aug 30, 2006, 10:15pm »

Good luck in finding a good deal. As soon as a good deal hits the market, you got cash holding, man eating investors to deal with. :'(

There still out there....

I could be one of them... 8-)

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Shawna
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Re: Buyers market, should i invest?
« Reply #4 on Nov 1, 2006, 1:29pm »

Dean, you are funny and probably are a man eating investor. :-*

Houses outside the phoenix area have come down quite a bit because pefople do not want to drive that far to work. So, i think it would be a good time to invest in some of these properties. They will go up again... That's what i think, but what do i know, i'm not a man eating investor...

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Bigdaddy
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Re: Buyers market, should i invest?
« Reply #5 on Nov 28, 2006, 1:19pm »

Forclosures are on the rise, buy now!!

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