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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (49906)3/9/2006 3:37:32 PM
From: Live2SailRead Replies (2) | Respond to of 306849
 
Lizzie,

I just told you that I was stupid. If I were a real-estate guru, I wouldn't be hanging out on this board.

But I love to give free advice, so what are you looking for? A place to rent out? My radius of knowledge is somewhat limited, but Sunnyvale is probably not bad. Don't think that you'll find much in Willow Glen in your price range. There's not much out there for 500k, and like I said, the low-end is asking higher prices than ever before.



To: Lizzie Tudor who wrote (49906)3/9/2006 7:46:56 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
<<I may buy an investment property in a year or so. I was thinking willow glen.>>

Here we have a perfect example of the mindset in this country about real estate. Property values might fall 20-30 percent, and still there are people like you wanting to buy some when you "perceive" prices are cheap.

Geez....they won't stay cheap for long if people are waiting to snap up the properties again.

<<gg>> Looks to me that the history of real estate in this country is destined to repeat itself....over and over again ad infinitum.

And, yeah, yeah....someone is going to say I sound just like a Realtor......How about a calling me a "realist"? I can live with that.