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Real Estate Industry Contradiction


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2009 May 1, 4:19am   16,224 views  63 comments

by Patrick   ➕follow (59)   💰tip   ignore  

On the one hand, we keep hearing from self-interested realtors that "It's a great time to buy" but on the other hand, we have builders demanding a federal bailout, claiming that "Prices will continue falling for the foreseeable future".

Hmmm.

#housing

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63   moonmac   2009 May 11, 7:37am  

"I don’t want to brag but this fourth house that we are closing on will cost a total of $20,000 including the work to fix it, and will rent for $800 per month."

I heard the same line on a Carleton Sheets infomercial last night...

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