Sellers are refusing to take less.

> But these are only list prices. Sellers, tired of holding on, and
> needing cash, could sell for substantial discounts -- pegged to 
prices
> of equivalent "regular" homes. 
> 
> What is the word on ths street. Are SV owners (or any property 
owners)
> refusing deep discount offers, e.g. 40% off list? Or is demand so 
weak
> that there are not even offers at this level (that is, no buyers 
can
> even afford the properties at the discounted levels.?
> 
> 
> --- In FairfieldLife@yahoogroups.com, Peter <[EMAIL PROTECTED]> 
wrote:
> > Those SV are so over=priced for the Ffld market!
> > 
> > 
> > --- akasha_108 <[EMAIL PROTECTED]> wrote:
> > 
> > > More SV homes
> > > 
> > > http://www.heartlandfairfield.com/$200,000+2.htm
> > > 
> > > http://www.heartlandfairfield.com/$200,000+page3.htm
> > > 
> > > http://www.heartlandfairfield.com/200,000+page4.htm
> > > 
> > > 
> > > 
> > > 
> > > --- In FairfieldLife@yahoogroups.com, akasha_108
> > > <[EMAIL PROTECTED]> wrote:
> > > > 
> > > > SV homes
> > > >
> > >
> > http://www.heartlandfairfield.com/$150,000-$200,000page1.htm
> > > > 
> > > > http://www.heartlandfairfield.com/200000+1.htm
> > > > 
> > > > 
> > > > FF Listing Brokers on Net
> > > > 
> > > > http://www.goodearthfairfield.com/
> > > > 
> > > > http://www.heartlandfairfield.com/
> > > > 
> > > > http://www.c21hayesfairfieldiowa.com/
> > > > 
> > > >
> > >
> > http://www.davisandpalmerrealestate.com/listings.html
> > > > 
> > > > http://www.fairfieldiowarealestate.com/
> > > > (the above site is currently not working, though
> > > it had been up and
> > > > running for some time. Did they go out of
> > > business? They had some MSV
> > > > homes listed )
> > > > 
> > > > Some of the homes listed have been on the market
> > > for 6-12 months. I
> > > > assume most homes would sell for quite discounted
> > > offers off the list
> > > > price. 
> > > > 
> > > > 
> > > > 
> > > > 
> > > > --- In FairfieldLife@yahoogroups.com, Peter
> > > <[EMAIL PROTECTED]> wrote:
> > > > > I'm curious what the MSV houses are going for in
> > > Ffld.
> > > > > In my neck of the woods, South Florida, Broward
> > > > > county, the median price of a home rose $89,000
> > > over
> > > > > the last year. My wife and I bought our house a
> > > little
> > > > > over 4 years ago for $160,000. The same house
> > > now
> > > > > sells for $360,000. Talk about appreciation! I
> > > don't
> > > > > see the real estate bubble bursting here. Almost
> > > all
> > > > > available land has been built-out. The only
> > > problem is
> > > > > going to be in the rising interest rates and the
> > > > > financial con of interest free mortgages. What's
> > > > > killing people here are the property taxes on
> > > new
> > > > > properties.
> > > > > 
> > > > > --- pibssmith <[EMAIL PROTECTED]> wrote:
> > > > > 
> > > > > >  What does anyone out there think about real
> > > estate
> > > > > > prices in FF and 
> > > > > > what will happen to them? It seems that not
> > > much
> > > > > > land is being sold 
> > > > > > right now maybe the contractors online can
> > > address
> > > > > > this so that 
> > > > > > means only those with land already bought and
> > > > > > planning to build this 
> > > > > > year will give any work to the contractors.
> > > The
> > > > > > architects I assume 
> > > > > > most who follow MMY are at a crossroads of
> > > whether
> > > > > > they wait and 
> > > > > > follow his new direction for Peace Palace
> > > Colonies
> > > > > > or build 
> > > > > > exisiting home plans that were once approved
> > > to new
> > > > > > home builders or 
> > > > > > if they are on hold.
> > > > > > There are 12 or more MSV houses just sitting
> > > on the
> > > > > > market at 
> > > > > > unrealistic prices. The smartest seller in
> > > town took
> > > > > > a loss and 
> > > > > > moved on the rest are keeping their prices
> > > where
> > > > > > they need them to 
> > > > > > be to recoup their exspense but no one will
> > > pay or
> > > > > > can pay those 
> > > > > > prices and in the meantime they have taxes to
> > > pay
> > > > > > and maintenance.
> > > > > > 
> > > > > > Then there is the nationwide bubble they claim
> > > will
> > > > > > break in the 
> > > > > > next few years if you read any of the real
> > > estate
> > > > > > articles in 
> > > > > > various cities by various percentages. In it
> > > it
> > > > > > states the things 
> > > > > > that drive a market to appreicate are jobs,
> > > > > > population all the 
> > > > > > things we dont have and have never have.
> > > > > > 
> > > > > > I wonder how long these various home owners
> > > will
> > > > > > hold out and when 
> > > > > > some of them will get real and sell out for
> > > anything
> > > > > > to cut their 
> > > > > > loses and move on. Most who are selling are
> > > moving
> > > > > > away or are 
> > > > > > financially in trouble or are not empty
> > > nesters and
> > > > > > did not stop to 
> > > > > > think 8 years ago who would want their large
> > > house
> > > > > > fast forward 
> > > > > > 8years when everyone else was in the same spot
> > > plus
> > > > > > aging and going 
> > > > > > to smaller and one story. I could go on and on
> > > just
> > > > > > wanting to know 
> > > > > > if anyone thinks about this and what their
> > > feelings
> > > > > > are.
> > > > > > 
> > > > > > I feel a very big slow down right now.
> > > > > > 
> > > > > > there are always those hopeful for pundits and
> > > > > > hopeful for 
> > > > > > appreciation but those of us on this site know
> > > these
> > > > > > things will not 
> > > > > > occur. Are we the only ones? What are these
> > > > > > homeowners thinking and 
> > > > > > what were they thinking when they paid $40 for
> > > a one
> > > > > > acres or less 
> > > > > > lot and built these houses?
> > > > > > 
> > > > > > 
> > > > > > 
> > > > > > 
> > > > > > To subscribe, send a message to:
> > > > > > [EMAIL PROTECTED]
> > > > > > 
> > > > > > Or go to: 
> > > > > > http://groups.yahoo.com/group/FairfieldLife/
> > > > > > and click 'Join This Group!' 
> > > > > > Yahoo! Groups Links
> > > > > > 
> > > > > > 
> > > > > >     [EMAIL PROTECTED]
> > > > > > 
> > > > > >  
> > > > > > 
> > > > > > 
> > > > > > 
> > > > > 
> > > > > 
> > > > >
> > > __________________________________________________
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> > > 
> > === message truncated ===
> > 
> > 
> > 
> >             
> > ____________________________________________________
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