Real estate future

[Excessive Force]

Re: Price of homes-Will they level off or drop? Wanna buy rentals but not get boned.

[rvrtoy]

They will level off for a short time (maybe a year or two) then they will continue on an upward trend.
just my .02

[Mandelon]

Wages need some time to catch up. Most people cannot afford to rebuy the homes they are in now.
The high end will cool down.
Entry level properties will increase at a modest rate.
Overpriced properties will linger on the market and the prices of those will have to come down to reflect demand.
A big crash? I think not. Havasu will mellow out as so cal prices mellow out.
Retirees will continue to move to the sunbelt states.

[Havasu Cig]

I agree.

[callbob4homes]

have to agree with mandelon as well. I think retirees will buy more homes as they get rid of the big rv's with the price of gas what it is. Don't see the market going down, but not spiking like it is now. still a good time to buy with the interest rates what they are. Just don't do an interest only ARM for short term and spend all the extra money you saved on a new boat. Put it on the principal and pay down that end, so when the ballon hits, you have enough equity to make refinancing a reality. :cool:

[Mandelon]

In the long run, you can't go wrong. Just don't get overextended.
If the stock market heats up, I bet a lot of investors will leave real estate in favor of equities...its cyclical. You either need to play the cycles or have enough juice to wait them out.

[Havasu Cig]

I agree, again. :cool:

[JB in so cal]

Wages need some time to catch up. Most people cannot afford to rebuy the homes they are in now.
The high end will cool down.
Entry level properties will increase at a modest rate.
Overpriced properties will linger on the market and the prices of those will have to come down to reflect demand.
A big crash? I think not. Havasu will mellow out as so cal prices mellow out.
Retirees will continue to move to the sunbelt states.
I think he must've stayed at a Holiday Inn Express last night...

[topless]

I agree, again. :cool:
My my you're agreeable today. :smile:

[NashvilleBound]

Re: Price of homes-Will they level off or drop? Wanna buy rentals but not get boned.
If you would like info from here in middle TN let me know. Its a solid market. I would be happy to send you some info no strings.
Let me know. Use my e-mail link.....
Good Luck.

[Phat Matt]

The future of real estate? One day we will run out of it. :boxed:

[Excessive Force]

The future of real estate? One day we will run out of it.
Absolutely no doubt about that

[Havasu Cig]

My my you're agreeable today. :smile:
:D :cool:

[Excessive Force]

Overpriced properties will linger on the market and the prices of those will have to come down to reflect demand.
Isnt everything just about overpriced? Seems like people will still buy no matter what the friggin price? Demand should remain pretty constant for now till there is no more land to build on!

[Excessive Force]

looks like a 50/50 forecast :rollside:

[Mandelon]

I agree, again. :cool:
This is obviously one extremely intelligent individual. :cool:

[Excessive Force]

Wheres my magic 8 ball?