http://www.experian.com/blogs/hitwise/2008/07/29/housing-market-have-we-reached-bottom/ Insights about online marketing, e-commerce and industry trends Thu, 30 Aug 2012 13:37:42 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://www.experian.com/blogs/hitwise/2008/07/29/housing-market-have-we-reached-bottom/#comment-24984 Peter Fri, 08 Aug 2008 15:45:07 +0000 http://www.experian.com/blogs/ilovedata/2008/07/29/housing-market-have-we-reached-bottom/#comment-24984 I think it is a good sign to see that the searches are starting to level off. It would be interesting to see the searches per region and/or state. They probably vary in a big way from state to state as some states are doing pretty good right now. Thanks for this insight. Peter I think it is a good sign to see that the searches are starting to level off. It would be interesting to see the searches per region and/or state. They probably vary in a big way from state to state as some states are doing pretty good right now.
Thanks for this insight.
Peter

]]> http://www.experian.com/blogs/hitwise/2008/07/29/housing-market-have-we-reached-bottom/#comment-24983 kevin Thu, 31 Jul 2008 06:48:33 +0000 http://www.experian.com/blogs/ilovedata/2008/07/29/housing-market-have-we-reached-bottom/#comment-24983 Folks when houses can be picked up for less then the cost of building. How much further do you really think they will drop. The Foreclosures being sold by the banks (who sell below the advertisied price by offering repair and cl;osing incentives) are clearly at bottom. The home owners who are in deial and waiting for a rebound will still see a drop. Thus the bottom is here at least for foreclosures. The others will have to drop their price to meet the competition from foreclosure or inevitably be foreclosed if they don't have the funds to wait out 6mths to 12mths. Next Spring housing market will prove this. Cheers Folks when houses can be picked up for less then the cost of building. How much further do you really think they will drop. The Foreclosures being sold by the banks (who sell below the advertisied price by offering repair and cl;osing incentives) are clearly at bottom. The home owners who are in deial and waiting for a rebound will still see a drop. Thus the bottom is here at least for foreclosures. The others will have to drop their price to meet the competition from foreclosure or inevitably be foreclosed if they don’t have the funds to wait out 6mths to 12mths.
Next Spring housing market will prove this.
Cheers

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