Comments on: Where are buyers getting the biggest discounts? http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html Redfin Los Angeles Sweet Digs Thu, 09 Feb 2012 13:33:45 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: ed hardy http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html/comment-page-1#comment-39517 ed hardy Mon, 30 Nov 2009 01:05:09 +0000 http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html#comment-39517 Basically, now is not a good time to buy or sell property. It will probably be about 5 to 10 years before it is a good time to do anything with real estate. Basically, now is not a good time to buy or sell property. It will probably be about 5 to 10 years before it is a good time to do anything with real estate.

]]> By: Biggest Discounts March Update | Redfin Los Angeles Sweet Digs http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html/comment-page-1#comment-23568 Biggest Discounts March Update | Redfin Los Angeles Sweet Digs Wed, 25 Mar 2009 00:25:32 +0000 http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html#comment-23568 [...] overall discount for the Los Angeles area inched up slightly from last month’s 3.7% up to 3.8% this month. Last month’s most discounted zip code 90005 dropped to #3 on the list, [...] [...] overall discount for the Los Angeles area inched up slightly from last month’s 3.7% up to 3.8% this month. Last month’s most discounted zip code 90005 dropped to #3 on the list, [...]

]]> By: Jeremy Spencer http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html/comment-page-1#comment-23432 Jeremy Spencer Tue, 17 Mar 2009 23:02:02 +0000 http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html#comment-23432 Basically, now is not a good time to buy or sell property. It will probably be about 5 to 10 years before it is a good time to do anything with real estate. Basically, now is not a good time to buy or sell property. It will probably be about 5 to 10 years before it is a good time to do anything with real estate.

]]> By: Jo http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html/comment-page-1#comment-22748 Jo Thu, 12 Feb 2009 23:50:56 +0000 http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html#comment-22748 This is very interesting data. My guess is that the lower end home may be foreclosed, and bank-owned, which means less emotional pricing. This is very interesting data. My guess is that the lower end home may be foreclosed, and bank-owned, which means less emotional pricing.

]]> By: JP http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html/comment-page-1#comment-22638 JP Mon, 09 Feb 2009 15:28:45 +0000 http://blog.redfin.com/losangeles/2009/02/where_are_buyers_getting_the_biggest_discounts.html#comment-22638 Clearly, house price declines have not stopped. Anyone thinking of making a below-list offer should remain patient, as housing prices will continue to erode across Los Angeles in the months to come. Banks are only beginning to unload their backlog of REOs. Don't be a "knife catcher" and buy property that will lose another $100,000 to $300,000 in 2009. Clearly, house price declines have not stopped. Anyone thinking of making a below-list offer should remain patient, as housing prices will continue to erode across Los Angeles in the months to come. Banks are only beginning to unload their backlog of REOs.

Don’t be a “knife catcher” and buy property that will lose another $100,000 to $300,000 in 2009.

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