tag:blogger.com,1999:blog-4223398383609158624.post4838879196287254036..comments2024-02-24T00:37:43.087-05:00Comments on The Other McCain: The worst is yet to comeRobert Stacy McCainhttp://www.blogger.com/profile/03084541621503669804noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4223398383609158624.post-73342455781596373052009-06-13T17:24:30.885-04:002009-06-13T17:24:30.885-04:00This business about people not being realistic abo...This business about people not being realistic about pricing their homes is not a new phenomenon, and probably reflects the fact that for most people their homes are their primary investment. <br /><br />It just isn't a good time to sell. It's a good time to buy. If I wanted to move, I'd rent this place out instead of selling it.Joy McCannhttps://www.blogger.com/profile/17118211736622666732noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-3381040393653361592009-06-13T11:16:38.244-04:002009-06-13T11:16:38.244-04:00When I could see how November was going to turn ou...When I could see how November was going to turn out, I cashed in all of our holdings and we paid off the remaining 14 years on our mortgage. Then we began pumping the rest of the money into badly needed home improvements. We figure our money is safer invested in our home than any institution.<br /><br />Now we're worried about the property taxes. Will they rise to where we'll be priced out of our home? After all, we live in NYS.<br /><br />...Kittyhttps://www.blogger.com/profile/11772310179223546476noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-14966512419342048482009-06-13T07:57:25.627-04:002009-06-13T07:57:25.627-04:00Those DC folks should come to Detroit. Sheriff'...Those DC folks should come to Detroit. Sheriff's auctions are the hot thing. It's a wonder if anyone is buying homes the regular way, here, at all. <br /><br />Of course, that has caused more competition in the bankruptcy market. Six months ago you could get a deal. Husband's employee started looking hoping he could get a home for around 40,000 ... but in that market all the homes were wrecks. <br /><br />Now he's up in the high $60,000-low $70,000 range. Bad for him, but a very small good sign, at least locally.Carinhttps://www.blogger.com/profile/00524723621248853209noreply@blogger.comtag:blogger.com,1999:blog-4223398383609158624.post-18907469440566551352009-06-13T07:31:34.960-04:002009-06-13T07:31:34.960-04:00I was working in real estate support in Florida du...I was working in real estate support in Florida during last year's collapse. Marking down homes $30-100k overnight was the norm in October and smart folks were slashing prices and snapping up the last remaining contracts as quick as possible before everyone else caught on.<br /><br />My boss cut and ran, and my unemployment followed.Joan of Argghh!https://www.blogger.com/profile/14729682908266300507noreply@blogger.com