2019 Idaho Real Estate Blog

It's used, who knows what's in the carpet? Main Idaho Real Estate Insights
If you are buying a used home consider this: someone else's finger nails and hair may be in the carpet

That is reason enough to buy new. Just thought I would paint that picture as a scare tactic to sell a new home.

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Trey Langford
Founder

 
Posted by tlangford at 9/15/2009 11:18:00 PM
Comments (3)
Re:It's used, who knows what's in the carpet?
Wow, keep this up Trey and they will be talking about home depreciation after purchase just like a car
Posted by on 9/16/2009 11:04 AM
Re:It's used, who knows what's in the carpet?
They should. In researching home values my latest frustration is that the biggest problem with home values is that is has nothing to do with 'value'

The biggst challenge for the prospective home buyer is that there is not quality difference that appears in the price. One home similiar to another has the same price even though one may be higher quality, sits on a better lot and is more energy efficient.

Values are based on supply and demand and not quality. Imagine how the world would change if the homes built to last the longest and were the most energy efficient were the most valuable?

How would that change building? Imagine a builder was forced to compete on quality and not price. Don't get me wrong i know quality is a factor but every builder and realtor says it is always about price.
Trey
By the way one day I want you to reveal yourself emdeplam!
Posted by tlangford on 9/16/2009 11:36 AM
Re:It's used, who knows what's in the carpet?
Every major capital good I know has an independent rating system or organization! -me likes

With houses you have 'reputation', 'referrals (by people who dont know building quality either)' and weird ratings done by the builders associations?hardly independent' - its more like dating than a logical purchase

Reveal myself... well I am a home owner and am obsessed with the current economic situation. I study federal reserve bulletins, read lots of quarterly reports...mostly the numbers, love data...

I became very aware of housing when it was the first sign of surging debt since the internet, and is just the tip of a large iceberg. It's a canary so to speak. The shear size of housing keeps me engaged. I started getting good info from Cal based housing bubble sites and owning a home in Boise I looked for an a local source.

While what you present is not really my core, I have come to view this site as a great diversion, good fun, and good learning.

I actually work in sales but make most of my money from the markets...and lose plenty too. Not enough to be right ...need timing too.

thats me
Posted by on 9/16/2009 1:13 PM

 

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