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The existing housing market, where do we stand

Posted on 1/22/13 at 2:47 pm
Posted by Luke
1113 Chartres Street, NOLA
Member since Nov 2004
13403 posts
Posted on 1/22/13 at 2:47 pm
location beng what it is do you for see Alabama, Mississippi or Louisiana markets rebounding, stagnant or regressing currently or in the next 6 months?
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 posts
Posted on 1/22/13 at 2:48 pm to
quote:

stagnant


You should be making moves now that will pay off in ten years.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35477 posts
Posted on 1/22/13 at 3:08 pm to
My part of Virginia is on the rise and houses are moving well. One of the benefits of being close to DC.
Posted by I Love Bama
Alabama
Member since Nov 2007
37694 posts
Posted on 1/22/13 at 3:11 pm to
product of a bubble...if the size of federal gvt ever does go down ( i know ), you guys will be in a world of pain.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35477 posts
Posted on 1/22/13 at 3:18 pm to
We are fortunate that there is also a ton of private sector and military here. Believe me though, I know what you mean about the bloated federal government.

Hopefully, by the time downsizing occurred (lol) my arse will be retired and the house will be sold.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69895 posts
Posted on 1/22/13 at 6:05 pm to
quote:


My part of Virginia is on the rise and houses are moving well. One of the benefits of being close to DC.



It's on the rise down here in Hampton Roads too, but still not quite at fair value. Military kept this area's real estate values fairly well after the bubble
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16305 posts
Posted on 1/22/13 at 6:53 pm to
They are predicting the biggest spring sales since the bubble burst.

In Texas
Posted by Tiger n Miami AU83
Miami
Member since Oct 2007
45656 posts
Posted on 1/22/13 at 6:54 pm to
Prices have been rising in South Florida for over 2 years now. Rents increased last year and again this year.
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