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Marks Google
Real Estate Mindset
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Comments by "Marks Google" (@marksgoogle4360) on "The Housing Market is Screwed" video.
Its been screwed but is starting its decline but the decline will be a long time before it hits bottom. Even in 2008 housing didnt hit bottom until years later and long recovery
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@JimFriend-iw3ev I don't know. I see houses sitting on the market clear from Oct now. Yes they are not high end but some idiot would have paid 300k for a garage prior to that
3
@JimFriend-iw3ev Don't know if I fully trust stats anymore. If inventory is low and 1 out of 5 houses sell at 5% higher it would still be considered a higher average as the only one sold. houses are sitting.
3
@JimFriend-iw3ev but my rent is below most newer house payments:) Rent is dropping too
3
@JimFriend-iw3ev I'm actually saving renting a house. I have zero maint cost and also zero cost for desire to spend on a typical house. I will buy a foreclosure and they will be coming. This economy is seriously screwed
1