Real Estate Boom - CNBC - GoFuckYourself.com

sweetcuties · 05-30-2005, 08:33 AM

At 12, there's a town meeting... gonna talk about the hot real estate market. Should be good

Dax · 05-30-2005, 08:46 AM

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

Sosa · 05-30-2005, 08:48 AM

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

Terry · 05-30-2005, 08:49 AM

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!

Axzar · 05-30-2005, 09:01 AM

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

kristin · 05-30-2005, 09:06 AM

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.

thewebgarage · 05-30-2005, 09:18 AM

I believe capgain is 15%

05-30-2005, 08:33 AM	#1
sweetcuties Confirmed User Join Date: Feb 2002 Location: Somewhere Posts: 5,859	Real Estate Boom - CNBC At 12, there's a town meeting... gonna talk about the hot real estate market. Should be good __________________

05-30-2005, 08:49 AM	#4
Terry Confirmed User Join Date: Jan 2002 Location: Montreal Posts: 1,604	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

05-30-2005, 09:06 AM	#6
kristin GOO! Industry Role: Join Date: Sep 2002 Location: Back Home : ) Posts: 9,768	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."

05-30-2005, 09:18 AM	#7
thewebgarage Confirmed User Join Date: Sep 2002 Location: cali Posts: 1,002	I believe capgain is 15% __________________ Big Boob trades icq 265907826

05-30-2005, 08:46 AM	#2
Dax Confirmed User Industry Role: Join Date: Apr 2002 Location: USA Posts: 3,161	I "friend" bought a house in July 2004 for 200k, someone just sold a comparable house a block away for $380K ;)

05-30-2005, 08:48 AM	#3
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	I usually have CNBC on in the background at work. Good stuff on there.

05-30-2005, 09:01 AM	#5
Axzar Random Jackass Industry Role: Join Date: Feb 2003 Posts: 1,837	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