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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Ramsey Su who wrote (314)8/27/2001 7:01:19 PM
From: David JonesRead Replies (1) of 306849
 
"First of all, forget that BS about location location location. The key to real estate is timing timing timing, then may be location. Unlike the stock market, timing real estate is easy. Buy when sellers are crying then sell when buyers are lined 10 deep the second you put up a for sale sign..."

I don't agree. Location is prime and timing is difficult for existing property. By your simple rule now would be a time to buy sense listings are plentiful. Would you by now? Are you buying now? Quality property in a marketable price will weather the down turns. Undeveloped and high dollar properties will languish.

regards;
dave
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