Real Estate Boom - CNBC

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  • sweetcuties
    Confirmed User
    • Feb 2002
    • 5859

    #1

    Real Estate Boom - CNBC

    At 12, there's a town meeting... gonna talk about the hot real estate market. Should be good
  • Dax
    Confirmed User
    • Apr 2002
    • 3161

    #2
    I "friend" bought a house in July 2004 for 200k, someone just sold a comparable house a block away for $380K ;)

    Comment

    • Sosa
      In Tushy Land
      • Oct 2002
      • 40149

      #3
      I usually have CNBC on in the background at work. Good stuff on there.

      Comment

      • Terry
        Confirmed User
        • Jan 2002
        • 1604

        #4
        The price of a house in my area has gone way up.. wish I would have known this a year or so ago.. would have tried to buy some houses and sold them today!
        TengaCash
        ICQ: 6776764

        Comment

        • Axzar
          Random Jackass
          • Feb 2003
          • 1837

          #5
          In the next decades as ageing baby boomers start to die, you would think there would be a lot of houses for sale in places like Florida and other retirement communities. More supply, less demand = lower prices.

          Do you think this is a trend to watch?

          Some cool stats on US birthrates:
          http://www.bbhq.com/bomrstat.htm

          Baby boomers whooping it up in the casinos:
          http://economictimes.indiatimes.com/...ow/1124731.cms

          Comment

          • kristin
            GOO!
            • Sep 2002
            • 9768

            #6
            I am wanting to sell my house and make a nice $100k on it, too bad capital gains tax will take 25% of that cause I have lived here less than 2 years ... either way, I think I am better of selling here shortly and making some money before the housing market busts.

            When will that be? NO ONE knows!! You keep hearing about it and hearing about it. Just curious as to when it might actually happen.
            Vacares rules.

            "Usually only fat guys have the kind of knowledge and ability that Kristin has."

            Comment

            • thewebgarage
              Confirmed User
              • Sep 2002
              • 1002

              #7
              I believe capgain is 15%
              Big Boob trades icq 265907826

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