SYNRGYdesign

a following for function and form….

&
 

Jan 06 2009

Home Buying Saga continues….

Published by gizlby at 1:02 pm under Real Estate Edit This

We’ve been looking for 6 months now.  I’ve found a few good real estate websites.  We used to really only useZiprealty.  But lately I’ve found myself liking Redin.  Both websites allow you to save favorite homes that you’d like to keep track of.  Both can put you in touch with a realtor to see houses in person if you find one on the internet.  We used Ziprealty when we bought our first house.  Not to buy but just to find what houses where available and the going prices for them in the neighborhoods we were looking at.  I’ve been checking the listings daily.  Although I’m not sure how quickly they list new homes, they both seem to list them with in a day of the house hitting MLS.  I’ve also found myself on a number of realtors email listings from the various open houses we’ve gone to.  It’s been a weekly ritual on the weekends to see where the open houses are.  

Unfortunately, the buyers market doesn’t seem to be in the areas we want a house.  Or should I say we just are looking in areas that may not be immediately feeling the buyers market.  It’s not that prices are going up.  On the contrary, prices are definitely going down.  It’s just their isn’t the inventory out there in the area we want.  It seem like the same homes are still for sale.  The same open houses every weekend.  I’m not sure if it’s the holidays, or if the whole freeze on foreclosures has affected the market, but there definitely aren’t as many homes on the market as we would like.  

Sure there are certain areas where there are a ton of homes for sale.  But we aren’t looking in those areas.  So I have to wonder, exactly when will the inventory start coming up.  I keep hearing that there will be a flood of homes.  I just haven’t seen them.  We seen a few REO and short sales.  We’ve even made an offer on one but backed out when they wanted more then we would go.  I hear horror stories of people buying foreclosures and short sales; about how the drag on and on and on.  If banks want to sell a house why don’t they just put it on the market.  I just don’t understand.  At least put something on so we can have something different to look at.  In the meantime, the home buying saga continues…

Possibly-related Articles:                                        (auto-generated)

Trackback URI | Comments RSS

Leave a Reply

Some Today.com contributors may have received a fee or a promotional product or service from a manufacturer for promotional consideration, while others receive no consideration at all. Each contributor is responsible for disclosing any such promotional consideration.