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| 02:52 PM | ||
| Users Online Now: 2,120 (Who's On?) | Visitors Today: 880,869 | |
| Pageviews Today: 1,465,045 | Threads Today: 601 | Posts Today: 10,420 |
| 02:52 PM | ||
WTF !! SERIOSLY FOLKS , THE HOUSING BUBBLE IS BACK !! | |
| Anonymous Coward User ID: 773669  Mexico10/15/2009 06:46 PM Report Abusive Post Report Copyright Violation | |
maya2012  User ID: 737002  United States10/15/2009 07:24 PM Report Abusive Post Report Copyright Violation | the bankers are buying them with their bailout money in5D: [link to www.in5d.com] Maya 2012: [link to www.maya12-21-2012.com] in5d YouTube Channel: [link to www.youtube.com] |
| mothra User ID: 779743 United States10/15/2009 07:35 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 705825 United States10/15/2009 07:44 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 773669 Mexico10/15/2009 07:45 PM Report Abusive Post Report Copyright Violation | |
| Enaid User ID: 515273 United States10/15/2009 08:13 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 693590 United States10/15/2009 08:24 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 793961 United States10/15/2009 08:29 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 638079 United States10/15/2009 08:30 PM Report Abusive Post Report Copyright Violation | |
| mothra User ID: 779743 United States10/15/2009 08:32 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 773669 Mexico10/15/2009 08:34 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 793863 United States10/15/2009 08:35 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 793961 United States10/15/2009 08:41 PM Report Abusive Post Report Copyright Violation | same kind of companies are now doing with this with foreclosures, they will buy those homes on short sale, bankrupticies and foreclosures... and in a year or two they will market them, finance them and make HUGE HUGE profits. Just because an area is selling doesn't mean that it is the average home sales or that the buyers are individuals and not corporations. at a time when getting financing, lenders, to give you money without your fica score being upwards to the 800's, and with an interest rate that is not 12%, you have to ask yourself who is buying those homes. Where I am at, the only homes that are moving are foreclosures, a house that cost 280,000 two years ago, just sold for 136,000. Is the bubble over? not even close |
| Enaid User ID: 515273 United States10/15/2009 08:43 PM Report Abusive Post Report Copyright Violation | I don't believe it. Quoting: Anonymous Coward 773669Don't worry !! Stupid ppl go to heaven too !! Well, unlike you, I don't believe everything the media tells me. I am capable of thinking for myself. Personal responsibility - try it sometime. Quit blaming others for your bad choices. Consequences happen. :enaid11: |
| Anonymous Coward User ID: 761315 United States10/15/2009 08:46 PM Report Abusive Post Report Copyright Violation | |
| Ricfly52 User ID: 272605 United States10/15/2009 08:49 PM Report Abusive Post Report Copyright Violation | Here is the reality of what is happening. I am not judging whether it is right or wrong. I do believe houses all over the U.S. were way overpriced. Investors are buying up all the forclosures, and even some new homes that prices have been slashed by as much as 70%. I get my info from several realators that I do business with. The investors then rent the houses out to people. But what I am seeing in my neighbor hood is that two or three families end up living in the houses, and they get run down very fast. The investors are betting prices will climb fast again. But so far in the city where I own property (I am not living there right now) the trend is still stagnant or losing price still. I could be another disaster waiting in the bushes. Last Edited by Ricfly52 on 10/15/2009 08:51 PM Fishing and skiing keeps me a little sane. |
| Anonymous Coward User ID: 73915  Australia10/15/2009 08:53 PM Report Abusive Post Report Copyright Violation | |
| Bluebird User ID: 795102 United States10/15/2009 08:53 PM Report Abusive Post Report Copyright Violation | |
| Enaid User ID: 515273 United States10/15/2009 08:55 PM Report Abusive Post Report Copyright Violation | Here is the reality of what is happening. I am not judging whether it is right or wrong. I do believe houses all over the U.S. were way overpriced. Quoting: Ricfly52Investors are buying up all the forclosures, and even some new homes that prices have been slashed by as much as 70%. I get my info from several realators that I do business with. The investors then rent the houses out to people. But what I am seeing in my neighbor hood is that two or three families end up living in the houses, and they get run down very fast. The investors are betting prices will climb fast again. But so far in the city where I own property (I am not living there right now) the trend is still stagnant or losing price still. I could be another disaster waiting in the bushes. I also noticed alot of houses that were for sale for yrs are now rentals. So, they are no longer on the market. Last Edited by Enaid on 10/15/2009 08:55 PM Personal responsibility - try it sometime. Quit blaming others for your bad choices. Consequences happen. :enaid11: |
| Anonymous Coward User ID: 780177 United States10/15/2009 08:56 PM Report Abusive Post Report Copyright Violation | Knife catchers. I'm glad they are paying cash, that will keep the inflation rate lower. Quoting: mothra 779743I just bought a foreclosure and paid cash. No way could I have done this a few years ago. I guess you could say that I didn't let this crisis go to waste and at least Im not in debt. |
| Anonymous Coward User ID: 793961 United States10/15/2009 08:58 PM Report Abusive Post Report Copyright Violation | what happened in The Stand? Quoting: Anonymous Coward 73915The Stand was written in the 70's it was about a flu bug (capitan Trips) that killed off millions of people, something like 99% of the worlds population the survivors all had dreams, visions, what ever, that led them to either a "good" area or a "bad" area, depending on if they were good deep down or bad deep down ended up all the bad ones were in Vegas the ending vegas was nuked |
| Ricfly52 User ID: 272605 United States10/15/2009 09:05 PM Report Abusive Post Report Copyright Violation | Here is the reality of what is happening. I am not judging whether it is right or wrong. I do believe houses all over the U.S. were way overpriced. Quoting: EnaidInvestors are buying up all the forclosures, and even some new homes that prices have been slashed by as much as 70%. I get my info from several realators that I do business with. The investors then rent the houses out to people. But what I am seeing in my neighbor hood is that two or three families end up living in the houses, and they get run down very fast. The investors are betting prices will climb fast again. But so far in the city where I own property (I am not living there right now) the trend is still stagnant or losing price still. I could be another disaster waiting in the bushes. I also noticed alot of houses that were for sale for yrs are now rentals. So, they are no longer on the market. Very true. Where my house is in Las Vegas, there were twelve houses for sale last year on my block. Some have been off the market just from home owners getting discouraged and deciding not to sell. But many were bought by investors at low prices, and then they were rented out. Those houses are now off the market. By the way I saw two for sale signs three weeks ago when I was down there. Last Edited by Ricfly52 on 10/15/2009 09:06 PM Fishing and skiing keeps me a little sane. |
| mothra User ID: 779743 United States10/15/2009 09:30 PM Report Abusive Post Report Copyright Violation | Knife catchers. I'm glad they are paying cash, that will keep the inflation rate lower. Quoting: Anonymous Coward 780177I just bought a foreclosure and paid cash. No way could I have done this a few years ago. I guess you could say that I didn't let this crisis go to waste and at least Im not in debt. Congrats. We are still waiting to move up and it will be many more years as house prices are still going up here and lending has never been looser. The $8k credit made the market crazy. Houses were selling before they even hit the MLS. I figure we will have to wait at least another five years before it is safe to start looking again. |
| GraftedPromise User ID: 793478 United States10/15/2009 09:30 PM Report Abusive Post Report Copyright Violation | |
