Housing price going down….
Hi There,
Well, finally the real estate market is confirmed to be going down. But how low will it go? I’m not surprised. Just a year and a half ago, a realtor friend told me that two buyers bid on a single house in Blue Bell, PA. And the winning bidder ended up paying $100,000 above the asking price. My realtor friend was happy. I knew this was coming, when buyers are crazy enough to pay extra $100,000 for one house.
I wonder how low this is going to go?
http://realestate.msn.com/Buying/Article_forbes.aspx?cp-documentid=930911