Reply #6: Wait till Spring. [View All]

Uncertainty about gas prices and heating costs, the recent interest rate rise, low consumer confidence (which has rebounded since the gas prices went down), emotional aftermath of Katrina, and crappy weather, have all contributed to the slower market. 2005 is STILL above past years for home sales... and I beleive that come springtime, the market will perk up again. I wouldn't list my house during the late fall/winter months unless I was desperate. No one wants to move over the holidays. The rising interest rates calmed the market down a little, but according to the experts, there is no bubble burst.

I know that's a disappointment to the people here on DU with their hateful attitude toward people who have nice homes... I know they wish that everyone making over minimum wage and living in their parent's basement will lose their homes and savings, but.. alas.. not going to happen. (In all my years here at DU I have yet to figure out the envy and hate for people with nice homes and good jobs).