Reply to Seller counters above list price?

Forum Index » Real Estate

Reply to "Seller counters above list price?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Next month it will cost 10% you snooze you lose[/quote]

And by end of 2015 it will be worth 50% less when Yellen raises rates (as slipped out in her first press conference. )[/quote]

You seem to think housing prices are affected by interest rates. They're not.[/quote]

WTF the Fed has been doing with lowering rates and QE, other than supporting housing and banking? Oh right, only falling interests rates boost housing prices, never the inverse.  Thanks for the armchair economics lesson.[/quote]

Prices didn't rise because of falling interest rates, pp. If you want an armchair economics lesson, review the concept of "supply and demand."[/quote]

And demand has been stoked by artificially lowered interest rates.  Thanks for playing![/quote]

Um, no. Demand has been stoked by migration to this area and a lack of housing supply. Rents are increasing too. People have to live somewhere.

Lovely parting gifts for you at the door at all that. You've been schooled.[/quote]

Seriously PP? Let me guess, you have an ARM mortgage and will have no problem making payments at 15%?[/quote]

No arms go up to 15% there is a cap of a percent each year and a max rate of about 7 above initial. Go blow yourself cause that is the only person you can convince of your idiocy.[/quote]

You are talking to multiple people BTW. But considering you aggression, I do expect you are foolishly overextended and deep down you know it. If prices don't keep rising, I guess you are looking at insolvency? We have no horse in this game, we own and can afford under almost all reasonable scenarios (layoffs, govt shutdown). Which is not how most people are operating and why this house of cards will fall.

It has nothing to do with migration. These prices hikes are happening across the nation and is a direct result of the Feds meddling. With the wars winding down, defense cuts, reduced BigLaw growth, why would people move here? This places only real attraction is stable jobs and free museums. And the stable jobs are waning.

Schooled? Who the freak uses this? Shouldn't you be in the Fifty and Over Forum? [/quote]

You must be a charming unhappy individual. [/quote]

To the careful observer, you will notice you started the personal attacks with classic 90s 'schooling' and idiocy.

I am happy to have a reasonable debate about the merits of DC housing market and if an uncompetitive escalation situation is warrentes in this market. Let me know. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics