Home prices on the rise.

badmomma · #1 12-29-2009, 11:12 PM

It seems that home prices are on the rise again. I can't say for sure whether this is a good thing or not.

It is if you are intending to sell your home. It means that you may get more than you would have a year ago.

If your a house flipper maybe its not the best of news. You can however still get some great deals.

Foreclosed homes are still on the market and many can be had for much less than if they were being sold normally.

The market has its ups and downs but with good planning and hard work anything can be done.

flippinout · #2 12-30-2009, 04:45 AM

Yes it would be good if you are trying to sell your home. As for flippers, it may make it a tad bit harder but still managable.

The best thing to do is look around. Literally, look around. The cheapest house I found was located by my just driving around one day.

One never knows what you may find in a very small town or on a back country road that could be flipped and a goodly profit made.

Eyeofngt · #3 12-30-2009, 07:13 AM

Talking about that flippin, I saw one the other day, that if I could would love to buy and work on to flip or even live in myself.

And it was in a place you would least expect it to be. As for the rising prices, they have not gone up here yet. Everything is still selling low.

luv2flip · #4 01-12-2010, 02:23 PM

Yes I noticed home prices going back up also, but if you are looking to buy you just really need to look around for those deals, I just found a real nice home for only 18,000, its a great deal its worth way more then that.

troubles74 · #5 02-13-2010, 02:26 AM

Quote:

Originally Posted by badmomma

It seems that home prices are on the rise again. I can't say for sure whether this is a good thing or not.

It is if you are intending to sell your home. It means that you may get more than you would have a year ago.

If your a house flipper maybe its not the best of news. You can however still get some great deals.

Foreclosed homes are still on the market and many can be had for much less than if they were being sold normally.

The market has its ups and downs but with good planning and hard work anything can be done.

Really it depends on the advertising and how many people know about your home for sale.Buyers tend to find things the easy way now days.The internet for example is a big hepl for homebuyers to find a home.Good pictures and easy access to them are key to houseflippers.People are almost always willing to pay to get the home that they want,within reason.