Since many of our members are considering relocating, downsizing and/or finding housing better suited to their future priorities (e.g. greater energy efficiency), we invited Patrick Killelea, founder of the housing news and forum site Patrick.net, to offer his advice to house buyers in today’s market. Patrick was one of the most vocal bloggers warning about the collapse of the U.S. national housing bubble years before it inevitably popped in 2007.
(A note to those of our readers who work in residential real estate: the views expressed here are Patrick’s own, which he has consistently maintained for years. While some of them are not popular with the realty industry, the resulting dialogue they have created about the structure of our national real estate model has been a healthy one.)
If you’re in the market for a house, there are a number of important factors to consider which your agent just isn’t going to tell you.
Buying a House in Today’s Market
Since many of our members are considering relocating, downsizing and/or finding housing better suited to their future priorities (e.g. greater energy efficiency), we invited Patrick Killelea, founder of the housing news and forum site Patrick.net, to offer his advice to house buyers in today’s market. Patrick was one of the most vocal bloggers warning about the collapse of the U.S. national housing bubble years before it inevitably popped in 2007.
(A note to those of our readers who work in residential real estate: the views expressed here are Patrick’s own, which he has consistently maintained for years. While some of them are not popular with the realty industry, the resulting dialogue they have created about the structure of our national real estate model has been a healthy one.)
If you’re in the market for a house, there are a number of important factors to consider which your agent just isn’t going to tell you.