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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (1648)6/2/2013 5:38:19 PM
From: Jim McMannis  Read Replies (2) | Respond to of 2722
 
No one knows better than you.
I can see where you'd be happy WS wants to drive RE.

Not a healthy thing but bubbles can be your friend if you're in.
Remains to be seen if Bernanke will take his foot off the accelerator.
Even if he does and rates continue up there likely will be panic buying to "get in" before rates go up. So you prolly have a little time.



To: John Vosilla who wrote (1648)6/3/2013 5:09:31 PM
From: Road Walker  Read Replies (1) | Respond to of 2722
 
Not kidding, everyday I see more for sale signs go up and far fewer go down. On my morning road exercise I probably go by 500-600 homes. Maybe it's regional, maybe its price point, but it seems like the period of "buy it the day it comes on the market" are gone around here.

I just imagine all these folks that were miserably under water for so long, feeling terrible, just wanting to get the hell out, are doing it. This recovery may go in waves... peaks and valleys, averaging up.

But I'm guessing the next months numbers we get are not as bullish. Admitting my sample is tiny.