That would be October? Coming up on the holiday season is one of the worst times to sell (but one of the best to buy). If you want to maximize your profit and sell quick, look in the late Spring time. Once September hits, the market slows down (kids in school, parents paying tuition, people saving for Xmas, etc.)
Except The Woodlands. We saved a ton of money and got way more house by going 5 minutes into Harris County.
Including The Woodlands. Not knocking The Woodlands..its a great community, with lots of ammenties. But some of the surrounding areas offer a far greater value than anything available in the Woodlands.
thats whats going on here in florida, it's crazy every second home is up for sale....I live in a townhouse we bought in 2002, my parents bought another house in 2005, right when the price jumped up, and at that time it was ridiculous not getting a house...now, 80% of those people can't afford it, because the property taxes went up almost the double... it's a mess down here
They are traded on the CME, but only for 9 markets in the USA. http://www.cme.com/trading/prd/overview_HNG18558.html Here is some analysis by a third party regarding the effectiveness of these contracts: http://tickersense.typepad.com/ticker_sense/2007/04/cme_housing_fut.html
Hopefully the prices in DFW stay down for another 16 months or so. The wife and I are saving up and looking to buy our first home next August...
Great! They also have options. I have been trading stock options for a year. I guess it is time for me to apply what I learned to housing options.
We are saying the same thing. You get a better deal by buying in the surrounding areas, even if it is Harris County.
Except on HO insurance and MUD taxes. I alway recommend staying out of Harris if anyone can, just for the HOI savings alone. MUD taxes kill too.