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Housing to gradually improve in 2012, NAR economist says
invite response
2011 Nov 12, 6:56pm 2,620 views 9 comments
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APOCALYPSEFUCK is Tony Manero says
It's never been a better time to disembowel yourself with another RE investment.
Lol...
joshuatrio
2011 Nov 13, 6:48am
Reminds me of David Lereah (or whatever his name was).
Isn't there a website with all his quotes?
bubblesitter
2011 Nov 13, 8:06am
Reminds me of David Lereah (or whatever his name was).
Isn't there a website with all his quotes?
http://thinkexist.com/quotation/the-supply-of-homes-is-very-tight-for-new-and/883277.html
bubblesitter
2011 Nov 13, 8:12am
APOCALYPSEFUCK is Tony Manero says
It's never been a better time to disembowel yourself with another RE investment.
Actually there are good opportunities to invest, buy a 300K property and rent it out for $1900. Positive cash flow. Rich people are poised to take over all the available properties in USA and the folks who can't afford to buy are going to beg to rich people to rent them their homes. LOL.
bubblesitter
2011 Nov 13, 8:53am
The same area I saw a sale pending for 875,000 for a house that sold in 2005 for 1.4 million. Amazing!
I guess someone was rich in 2005 to pay for it. Now the guys needs another rich to rescue him. LOL.
bubblesitter
2011 Nov 13, 8:55am
but things are selling
Things will keep selling all the way from top to bottom. It will never stop.
HydroCabron
2011 Nov 14, 2:59am
Actually there are good opportunities to invest, buy a 300K property and rent it out for $1900. Positive cash flow. Rich people are poised to take over all the available properties in USA and the folks who can't afford to buy are going to beg to rich people to rent them their homes. LOL.
Rents sometimes go down. LOL.
zzyzzx
2011 Nov 14, 3:38am
Article is useless without other previous NAR "recovery" predictions.
To me housing hasn't "recovered" until it hits 1995 prices.
With falling inventory, the median home price should rise in 2012, he said. "Home prices have yet to show a definitive stabilization pattern in most areas. Still, given an over-correction in prices, there likely will be moderate appreciation in 2012," Yun said.
Read more:
http://www.housingwire.com/2011/11/11/housing-to-gradually-improve-in-2012-nar-economist-says
#housing