Reply to Argh - Where are the houses for sale???

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have a house soon for sale that will go in  a minute.  But nothing for us worth buying, so here we will stay :( [/quote]

this was us last year.

we refused to sell our house until we found a new one. we made offers on homes that had a home-sale contingency. the real estate agents were horrified but it worked out well for us.[/quote]

How did you work your contingency? Did you put in a time limit? We're in a similar position, but I'm leery of putting a contingency in an offer in a market where things are tight and moving fast if the house is good. [/quote]

pp here.

We didn't bid on a hot property. Rather, we watched house originally listed at nearly 1.3 that dropped to 1.2, then 1.1. then 1.05. We offered 950 with the house sale contingency and they took it.

house sat b/c it didn't show well. kitchens and bathrooms are dated and there were builder-grade touches all over place (circa 1981). which we can live with until we renovate. not ideal but got us into the school pyramid we wanted.

Basically the sellers were desperate and the house was very poorly marketed. We sensed desperation and pounced. Our own house had four offers within 12 hours of the open house so once we had a ratified contract we became deadly.[/quote]

Got your message, Bonnie and Clyde.   Good thing you killed when you did.  
The tide has turned.  Houses have stopped dropping in value
Message to the wise:  it's Spring, and the typical increase in inventory is yet to materialize, due to sellers not wanting to sell at the bottom.  If you want a house at a tremendous interest rate....[/quote]

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