tag:blogger.com,1999:blog-14245531.post113639174263906062..comments2023-11-18T01:21:55.631-05:00Comments on My Open Wallet: Today's housing market newsMadame Xhttp://www.blogger.com/profile/11536189690094235926noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-14245531.post-1136410297657745612006-01-04T16:31:00.000-05:002006-01-04T16:31:00.000-05:00Good points all, I do try to remind myself that I ...Good points all, I do try to remind myself that I am buying a home more than an investment.Madame Xhttps://www.blogger.com/profile/11536189690094235926noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136401798704432182006-01-04T14:09:00.000-05:002006-01-04T14:09:00.000-05:00Didn't you say you'd like to buy another one in a ...Didn't you say you'd like to buy another one in a few years? If prices go down, you'll get your second one cheaper. It's sort of like dollar-cost-averaging into your properties...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136401600168360152006-01-04T14:06:00.000-05:002006-01-04T14:06:00.000-05:00There was a segment on Bloomberg Radio regarding t...There was a segment on Bloomberg Radio regarding this study this morning, and I believe they were interviewing one of the authors. The interesting thing to me he pointed out was that prices in areas surrounding Manhattan were growing much more rapidly since those that can't affort there move as close by as they can.<BR/><BR/>As long as you like the place and can comfortably make the payments, I wouldn't worry about it (even though I do about our place!).Dwighthttps://www.blogger.com/profile/13688525659034403580noreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136395536669112632006-01-04T12:25:00.000-05:002006-01-04T12:25:00.000-05:00Yes, but you can't live in your GM shares...I had ...Yes, but you can't live in your GM shares...<BR/><BR/>I had a HUGE anxiety attack after buying my house in 2004 thinking I had bought at the top of the market, yada, yada, yada. Then I obsessively watched the For Sale signs that appeared in my neighborhood. Within 6 months a comprable sold in my neighborhood for $50,000 more than I bought my house for. That, of course, made me feel great. <BR/><BR/>Now that I am stretching toward the 2 year mark in my home I am not paying as much attention to the sales around me. Now I am focused on enjoying the home and the area. If prices start dropping in my area will that cause me to panic sell my house? Heck No! I have a monthly payment I can well afford and bought a place in a location I am happy with. As long as you have done those two things you will be fine.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14245531.post-1136391886013572992006-01-04T11:24:00.000-05:002006-01-04T11:24:00.000-05:00Yesterday the fed said they may stop rising intere...Yesterday the fed said they may stop rising interest rates soon. Very good news for the housing market in my opinion, interest rates will stop rising and I think we'll get a clearer sign of where real estate is heading. Personally, I tend to be more optimistic and I think there will be minor increases in prices this year.Anonymousnoreply@blogger.com