Will the house prices go down again before 2010?

Leader Board

Leading Experts		Credits
1.	waqas1504	11087	Level 111
2.	waqas1504_ka	8573	Level 86
3.	Tim.Gagnon	4844	Level 49
4.	herevcome	3505	Level 36
5.	rbacarin	2989	Level 30
6.	nahNiku	2696	Level 27
7.	Michele Clar	2554	Level 26
8.	daniel.clic	2525	Level 26
9.	webwork10000	2524	Level 26
10.	bill.perry	2387	Level 24
11.	snazi	2357	Level 24
12.	savdany	2202	Level 23
13.	Doug	1824	Level 19
14.	brand1	1578	Level 16
15.	AndyG	1316	Level 14
16.	fifa	1308	Level 14
17.	waqas1504_kh	1041	Level 11
18.	domelight1	860	Level 9
19.	eryn_n_eeyor	791	Level 8
20.	vhunter	727	Level 8
21.	arqamkhan99	562	Level 6
22.	sweethari	550	Level 6
23.	daniel_kro	468	Level 5
24.	mariyah_john	426	Level 5
25.	minervenus	408	Level 5

Answer

Report Abuse

Vote:

Asked by
Earle

Or will it stay the same or go higher?

172

In Going Cont.03

Industry Experts

+ Add Expert

Latosha

Try the following link to help answer this question: http://www.scribd.com/sidfalcon

home prices will stop sliding in 2010

This answer closely relates to:

Q. Will house prices rise in 2010?
i want to buy a house in the uk while the prices are still low from the credit cruch. but i dont want to rush into it. but , when do you think it will be a good time to buy? will the housing market rise in 2010, or the end of 09?

No-one can guess that.

Q. Need a graph of us house prices up to 2010?
i have been looking on google images and all i could find were graphs up to 2007. i want to see how much the prices are changing up to 2010. or 2009

"And you will get a table of values..."

go to http://www.economagic.com/cenc25.htm#Price and click the data you want to see and you will get a table of values . then click on gif on the banner above the data and it will plot it for you

Q. House prices in scotland 2010-2011?

"Bbc news - scottish house prices 'continue to rise'..."

There is no question but here's some info. BBC News - Scottish house prices 'continue to rise'

This answer closely relates to:

Q. Will house prices drop after the olympics?
my husband and i are planning on buying our first house. we live in vancouver and we are wondering if it's smart to wait after the winter olympics which will take place february of 2010 to buy. we've been hearing that in the past, real estate prices drop after olympics. is this true?

"Prices should return to normal after..."

I would absolutely wait. Many people are renting their homes during that time. Prices should return to normal after

This answer closely relates to:

Q. Is house price in england going to go up or down in 2010?
with the current economic situation, do you think the house price will go up or down in 2010. i am looking to buy a house as i am living with my parents and i need to move out as soon as possible. but i am not sure whether it is good time to buy now or later. i would be grateful if you could please advise me on this matter. thanks

"Even if prices drop next year..."

Expert opinion is that house prices have risen in the past 12 months, but there is uncertainty in the year ahead. I would think, that if you can get a mortgage, go for it now. Even if prices drop next year, it would still be beneficial in the years ahead. You must take into account that interest rates will rise, in the coming years, adding to your monthly repayments; unless you have a fixed rate mortgage. Also, if you were unfortunate enough to lose your job, you may have a problem meeting your commitments.

This answer closely relates to:

Q. What is your house price outlook for 2010?

"The old real estate rule is still true..."

In NY and NJ it is continuing to rise. The old real estate rule is still true. Location, Location and Location, are the three most important real estate considerations

Q. Why is the papers and tv trying to tell us the recession is over and house prices are on the up in n.ireland?
it does,nt add up,people are still loosing there jobs,record unemployment,low wages for those that are working. so how can house prices be on the rise??? i'am renting at the moment.but was going to buy in jan-feb 2010.

A recession is caused by the fear of a recession. People being afraid to spend money. When people don't spend money businesses suffer and if businesses suffer so do banks and the economy. The media is responsible for the latest recession, it has been a global circus of fear mongering that has allowed governments to push through legislation's. Whenever I read a paper or watch the news I always believe the exact opposite of what they say. It may sound crazy but give it a try and you will see what I mean. If all the media for one month started declaring that the recession is over and everything is okay, people would start spending again and businesses would be able to hire again. The knock on effect for the whole country would be huge. This recession has really demonstrated the power of our media, it has showed how the public consciousness can be controlled through fear and this is an even scarier thought than any type of recession, don't you think?

Q. Buy house in 2009 or rent until 2010 or 2011 in san diego?
my husband and i have been renting a place for about 2 years now with some roommates. we are paying for about $700 a month and we are planning to move out to the other place for our own in this summer. since housing cost has dropped tremendously, we are thinking about buying small house in san diego,ca. since we are first-time-homebuyer, we should be eligible for $8000 tax credit and whatever we pay for the house will be applied towards our place, not to someone-else's mortgage. also, paying a deposit when you rent a place is not 100% refundable and we were looking to pay $2000 for renting deposit, we would pretty much loose $2000. so we rather pay $2000 towards mortgage. in san diego, you can buy a place (2br/2ba) around $1300 a month that includes property tax,insurance and hoa, which would be cheaper or almost the same as "rent". altough, i've seen lots of articles that's written by an economist on the internet where it says "do not to buy a house in 2009", because house-price will still drop and some other reasons. we do not want to pay a "rent" and "deposit" anymore but i am not sure if we should rent another place by paying $2000 for a deposit and $1000-$1300 a month for a year or two and then buy a house in 2010 or 11?? it depends on a house-price but we have a few for the down-payment to get a house. what would you do???

"Get it at a price much lower than the current market in that area..."

I would investigate buying something that may need minor repairs (bank owned/ short sale or foreclosed). Things you could do. Get it at a price much lower than the current market in that area, and you should be fine in 2 years. There is always a risk, but in the meantime you would have the benefit of tax breaks and such.

This answer closely relates to:

Q. How much do i charge as a rental price for my house to lease as vacation ryder cup 2010 wales accommodation?
i have my house advertised on accommodationfortheevent.com and i want to know if the price is accurate or am i charging too little for it, as my neighbor has an agreed rental price for £21,000 for the 10 days - she has the same house as mine and yet i am charging £3,000 less than her.

"This is a going rate for a house within 30 mins of the celtic..."

My sister's house is booked during the Ryder Cup - she has a 6 bedroom house, two of which are ensuite and she has received £26,000 for 8 nights stay. She has to make them breakfast and change the bed linen but I think this is a going rate for a house within 30 mins of the Celtic Manor that can accommodate 10 ryder cup attendees. This works out at £2,600 each for the 9 days - still cheaper than a hotel during that week.

This answer closely relates to:

Q. Is now a good time buy a house? or the price is going even lower?
my husband and i are planning to buy a house. if we buy it now, we won't be able to afford much down payment. if we wait a bit like around 2010, we will be able to do something like 10% down. we sort of want to wait 2 more years. but afraid the price for the houses raise at that time. wondering what you guys think? will the house price rock bottom or raise at 2010?

"The prices are still falling and usually these..."

I would save for the down payment and pick up a house later. The prices are still falling and usually these things take a few years before prices go up again. Good luck!

This answer closely relates to:

Flight prices 2010

Add your answer in just seconds. No signup necessary.
Just put your answer in the box below and hit Save.

Can you help us by answering one of these related questions?

We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

Q: Will the house prices go down again before 2010?

The following questions have been merged into this one. If you feel any of these questions have been included in error help us improve our content by splitting these questions into seperate discussions. Please unmerge any questions that are not the same as this one:

Q: Will the house prices go down again before 2010?

Are houses going down in california?
- Property value going down karachi 2010
When will house prices go up?
Will home prices go down in california?
Will houses go down again 2010?
- Emirates air fare will go down in 2010
Are house values going down?
- Housing price going down
Will 2011 price houses go down in australia?
- Housing price will go down in australia
Will house prices in toronto go down?
Is real estate will go down again?
Will joining euro wil this drive property prices up in bulgaria?
Will prices of homes go down?
Are home prices in california going to down again?
Will the house price go down?
Does house prices in india go down?
Are housing prices going up or down in ontario?
Is the house price going to go down in toronto?
When will house prices go down in ontario 2010?
Will house prices go down in spain in 2010?
Will the prices on flights go down?
Will the house prices go down in torono?
Are airline prices going down 2010?
Will house prices go down in ireland?
Will the property price in india go up or saty the same?
Are house prices going up or down in 2010?
When will house prices go down in toronto 2010?
When will toronto fares go down?
Where are home prices going down ontario?
Will housing prices go down?
Will house prices stay same for 2010 in ottawa?
Will prices for flights go up or down for june 2010?
Will property prices go down?
Will airline prices go down in summer 2010?
When will airfare go down 2010?
When will alberta house prices go down?
Will house prices in california go down in the summer of 2010?
Are house prices going down in california?

Categories