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Individual Well-Being Comes Before Our Revenues | Cash Riches Vitality
Weve still got a ways to go before the house prices re-adjust themselves back to where they were, pre-housing bubble. Its like lancing a boil; Its going to really hurt at first, but itll feel better after its done. Of course thats no consolation to those facing hard choices of whether to try to save their homes, or allow them to go to foreclosure. But at some point, housing has to return to something approaching .
Many of the investors in real estate and the living large crowd are going to see those investments dry up and blow away (if they havent already). But those same homes can then be re-cycled through the financial system and sold at a more realistic price to people that will buy them as primary residences, instead of speculative investments. The dream of home ownership isnt dead, just injured.
It may take a couple of years (or more) but eventually well be back to where buying a home is again affordable, credit is available for qualifying buyers, and theres a supply of good homes ready to accept new families. Its just a matter of time.
Until then, Im going to keep watching my home value slowly disappear. Pass the popcorn.
Is your home decreasing in value? Are you upside down in your home? Tell us your story by leaving us a comment.
Americano the best top 10 >>> Read more...
Many of the investors in real estate and the living large crowd are going to see those investments dry up and blow away (if they havent already). But those same homes can then be re-cycled through the financial system and sold at a more realistic price to people that will buy them as primary residences, instead of speculative investments. The dream of home ownership isnt dead, just injured.
It may take a couple of years (or more) but eventually well be back to where buying a home is again affordable, credit is available for qualifying buyers, and theres a supply of good homes ready to accept new families. Its just a matter of time.
Until then, Im going to keep watching my home value slowly disappear. Pass the popcorn.
Is your home decreasing in value? Are you upside down in your home? Tell us your story by leaving us a comment.
Americano the best top 10 >>> Read more...
