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Housing market to get worse ?

pmcollectourpmcollectour Posts: 1,211 ✭
in Precious Metals


Double dip expected

No jobs = No new home purchases

Comments

  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    Should come as no suprise

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    Well if record low mortgage rates aren't going to turn it around I would have to agree. Interest rates will be going up soon enough. What then? MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    TAXES. They almost TRIPLED property taxes in South and Southwest Fla.

    I paid $350K for my previous house in Wellington and put 200K into it. That was 1999 before I moved to Asia. My property taxes were $3500 and my homeowners insurance was 3K.

    In 2006 the house was 1.7 Million. Now? If the owners were selling I bet the asking price would be somewhere in the $550K range but it will be waiting a while for someone to pay the $14,000.00 in Prop Taxes and with that I guess the insurance would be in the 10K range.

    They are crushing the market with taxes here in Fla.

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

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