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-   -   an opportunity in real estate coming if you are smart (https://gfy.com/showthread.php?t=554177)

latinasojourn 12-19-2005 11:20 AM

an opportunity in real estate coming if you are smart
 
you kids that don't own property yet can do something right if you take a look at this and understand it. there is an opportunity depending on WHERE you buy.

and some of you guys that just bought in the last couple years are fucked:

http://money.cnn.com/pf/features/lis...ecast/?cnn=yes

Screaming 12-19-2005 11:23 AM

I think the bubble is going to pop shortly.

shermo 12-19-2005 11:25 AM

Nice chart... However, they have been saying RE has hit it's peak in CA for years.. So far it's done nothing but increase.

It's an interesting chart, but it's a forecast.

EroticySteve 12-19-2005 11:26 AM

Interesting. But like Nostradamus like predictions we'll see what happens.

crockett 12-19-2005 11:26 AM

I've been patiently waiting for the right time to buy again.. Shit went up way too fast around here over the last 2 years.. They pretty much give anyone a 200k pluss loan.

Yea can't keep giving everyone and their brother's uncle whom works at McDonald's 200k home loans and not expect it to catch up with them sooner than later.

EroticySteve 12-19-2005 11:28 AM

Quote:

Originally Posted by Screaming
I think the bubble is going to pop shortly.

It won't pop, it just won't get big as fast as it had been.

European Lee 12-19-2005 11:41 AM

Quote:

Originally Posted by crockett
I've been patiently waiting for the right time to buy again.. Shit went up way too fast around here over the last 2 years.. They pretty much give anyone a 200k pluss loan.

Haha aint that the truth LOL

Although, to be fair, people are buying right now in and around the Ormond / Flagler area.

We're doing 1 sale and around 4 listings a week for the last 2 months.

January should be really good for realtors in our area, there is a massive excess of property on the market atm.

Regards,

Lee


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