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Strategies & Market Trends
The Residential Real Estate Crash Index
An SI Board Since June 2001
Posts SubjectMarks Bans Symbol
306849 644 0 $HGX
Emcee:  patron_anejo_por_favor Type:  Unmoderated
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1700You can get a huge 2 bed in Alhambra (just south of Pasadena) for that - very nMoominoid2/20/2002
1699<It's only a "steal" if you consider paying $300K for a dump isJoanP2/20/2002
1698>>real estate prices are whatever prices the buyers (...) are willing to pOblomov2/20/2002
1697Wow- a lawyer that only charges $2K to put up a real fight?Oblomov2/20/2002
1696Sales of Homes Soar in Southland Real estate: January spike, which boosted pricnextrade!2/20/2002
1695<< many marginal buyers have tons of *cheap* stock option money to throw aSpekulatius2/20/2002
1694mrs peel, the marginal buyer drives market prices and many, many, many marginal Skeeter Bug2/20/2002
1693>>What happens if mortgage rates go back to 8,5% ??? << that 440k hSkeeter Bug2/20/2002
1692y2, the probability of making a killing in the real estate market with a $700k eSkeeter Bug2/20/2002
1691mrs peel, from personal experience... 1. pick parents with a. lots of money Skeeter Bug2/20/2002
1690Spongebrain - you logic works both ways: << But wait! And what were mortgaSpekulatius2/20/2002
1689I've owned my house in L.A. for almost 6 years- the price in my neighborhoody2kate2/19/2002
1688Message 16179270J. P.2/19/2002
1687<i>People don't make that much in Baltimore and the earnings potentialGraceZ2/19/2002
1686Reasons why I think REAL ESTATE is cheap, and may double. My friend is looking SpongeBrain2/19/2002
1685LOL, in a comparable area of NYC, you'd be paying over 1 million. LA is a bSouthFloridaGuy2/19/2002
1684>>The only proof that prices are *excessive* is when prices decline.<&lMulhollandDrive2/19/2002
1683Mrs. Peel, about those speculators who drive up the price to excess.....it helpsTradelite2/19/2002
1682In the case of W. LA, $300K will buy a 2 BD "bungalow" which is probabMulhollandDrive2/19/2002
1681but the point you are missing is if those "investors" (speculators) haMulhollandDrive2/19/2002
1680Ms. Peel, in all fairness, I am going to say the same thing that I said to Joan SouthFloridaGuy2/19/2002
1679Point well taken, but as I've said before on this thread, let's not mix Tradelite2/19/2002
1678You're missing my point entirely. When I said "speculators" I meaMulhollandDrive2/19/2002
1677Don't underestimate the *foreigners with funds*.....I've met people withTradelite2/19/2002
1676No, it's not a "steal"...it's only a "steal" if you MulhollandDrive2/19/2002
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