k***a
发帖数: 2400 | 1 movoto market trends 选摘：
房源少房价涨
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What does this mean for home buyers—especially first-time home buyers? It's
bad news. Today's home buyers are paying for the mistakes of past
homeowners.To understand why this is, you need to understand the typical
home-buying cycle, and how it's been screwed up.
The Seven-Year Itch
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The typical homeowner stays in a house for five to seven years. In a normal
market, people who purchased houses between 2006 and 2008 would now be
selling those houses and moving into new homes.
This cycle, however, has fallen apart, meaning that first-time home buyers
have almost no homes to purchase and increased competition among the ones
that are on the market.
How did the market get this way? Five to seven years ago, the housing
industry was inside an unprecedented housing bubble. And then the bubble
burst. Homes people purchased lost significant value, and many home buyers
ended up paying more for a home than it was worth.
Fast forward to today, and we are still feeling the effect of the bubble’s
collapse.
The Troubles of Being a First-Time Home Buyer
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Because the five-to-seven-year-homeownership cycle is broken, first-time
home buyers are having a difficult time locating property. While the reasons
for this can be traced back to the housing bubble, there are six specific
problems.
1. Those who purchased homes five to seven years ago aren’t rushing
to sell their property. Why? Like most sane people, homeowners want to
recover some of the money they invested in their property. They are waiting
for the market to improve before putting their home up for sale.
2. Those homebuyers who can afford to sell fear not being able to
purchase a new home, so they aren’t selling. (Remember standing around at
the high school dance wondering who’s going to be first to ask a girl to
dance?)
3. Banks, like underwater homeowners, are keeping properties in
foreclosure off the market until prices increase. Instead, lenders are
favoring loan modifications and short sales.
4. Though inventory is low, there are homes for sale. The problem is
they are higher-quality homes being sold by homeowners who purchased their
properties more than seven years ago. This means they are outside of most
first-time home buyers' price range.
5. First-time home buyers will need to look hard to find a deal.
Since the market crash, private equity companies have purchased large
amounts of foreclosed homes, which typically sell at a 15-percent discount.
First-time home buyers are now competing for normal sales.
6. For now, investors are in love with real estate. First-time buyers
who need to finance their purchase will qualify for a fixed purchase price,
and it is unusual for them to have the financial strength to go beyond that
price. Investors have cash (that's why they're called investors, remember?)
and a slight price increase is OK for them if it wins the deal. | r*****j
发帖数: 7481 | | e***z
发帖数: 7126 | 3 空地在哪里呀空地在哪里～～
空地在小盆友地眼～～睛～～里～～
【在 r*****j 的大作中提到】
: 既然房子少，干嘛开发商不继续建房？湾区一片空地
| r*****j
发帖数: 7481 | 4 santa clara啊，
每天开车路过的时候都惊叹，泥马的这么大的地费着 |
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