Comments on: Have We Hit the Bottom of the Housing Market? Anecdotal Evidence Says Maybe http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/ Real Estate Blog, Mortgage, and Development News Sat, 21 Nov 2009 03:38:54 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: June 15 - NY manufacturing slump deepens in June - Housing Market Index falls “unexpectedly” - Cisco and Alcatel oppose ‘Buy American’ broadband requirements - Dallas to layoff 700? - US Airways to cut 400 flight attendants - USPS http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-386878 June 15 - NY manufacturing slump deepens in June - Housing Market Index falls “unexpectedly” - Cisco and Alcatel oppose ‘Buy American’ broadband requirements - Dallas to layoff 700? - US Airways to cut 400 flight attendants - USPS Mon, 15 Jun 2009 21:06:54 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-386878 [...] via Have We Hit the Bottom of the Housing Market? Anecdotal Evidence Says Maybe : The Real Estate Blogge.... [...] [...] via Have We Hit the Bottom of the Housing Market? Anecdotal Evidence Says Maybe : The Real Estate Blogge…. [...]

]]> By: jt http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-60457 jt Mon, 13 Aug 2007 14:52:12 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-60457 We have a very long way to go and anyone that tries to tell you otherwise is either ignorant and/or intellectually dishonest. A house is a nice place to live and a Lexus is a nice car to drive...neither is a good investment by any stretch of the imagination. A good investment is liquid, has low transaction costs, is not expensive to maintain, and appreciates more than inflation. The Vanguard 500 fund comes to mind and real estate does not. Think about it. Cheers! We have a very long way to go and anyone that tries to tell you otherwise is either ignorant and/or intellectually dishonest.

A house is a nice place to live and a Lexus is a nice car to drive…neither is a good investment by any stretch of the imagination.

A good investment is liquid, has low transaction costs, is not expensive to maintain, and appreciates more than inflation. The Vanguard 500 fund comes to mind and real estate does not. Think about it.

Cheers!

]]> By: glennont http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-60287 glennont Mon, 13 Aug 2007 01:40:03 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-60287 Dead cat bouncing off the side the cliff Raging river below Dead cat bouncing the whole way down And such a long way to go Dead cat bouncing off the side the cliff
Raging river below
Dead cat bouncing the whole way down
And such a long way to go

]]> By: Good to Go Pile . . . « Trading for the Masses http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-59373 Good to Go Pile . . . « Trading for the Masses Thu, 09 Aug 2007 17:19:17 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-59373 [...] Have We Hit the Bottom of the Housing Market? Anecdotal Evidence Says Maybe [...] [...] Have We Hit the Bottom of the Housing Market? Anecdotal Evidence Says Maybe [...]

]]> By: Rhea http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-59353 Rhea Thu, 09 Aug 2007 15:49:51 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-59353 I'm a big believer that we are nowhere near the bottom of this. In my hard-hit community of Boston, for example, the foreclosure rates are sky-high, with more to come. All of the properties that end up being owned by the banks, plus all of the inventory from our recent sloooooww selling seasons, needs to evaporate before prices can begin to come up. I believe it will be 2009 before a hint of recovery will be detected. I’m a big believer that we are nowhere near the bottom of this. In my hard-hit community of Boston, for example, the foreclosure rates are sky-high, with more to come. All of the properties that end up being owned by the banks, plus all of the inventory from our recent sloooooww selling seasons, needs to evaporate before prices can begin to come up. I believe it will be 2009 before a hint of recovery will be detected.

]]> By: Real Estate Problem http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-59303 Real Estate Problem Thu, 09 Aug 2007 10:32:35 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-59303 While I don't believe that the worst is over yet, the housing market will start recovering as early as next year. Check out an interesting blog post entitled "Can the Fed Help Save the Sinking Real Estate Market?" at www.realestateproblem.com . While I don’t believe that the worst is over yet, the housing market will start recovering as early as next year. Check out an interesting blog post entitled “Can the Fed Help Save the Sinking Real Estate Market?” at http://www.realestateproblem.com .

]]> By: Robert Coté http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-59234 Robert Coté Thu, 09 Aug 2007 02:30:53 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-59234 The Big Picture and Calculated Risk were all over this today. There isn't even any evidence that this bouncing off an upper story balcony has slowed the plunge. The Big Picture and Calculated Risk were all over this today. There isn’t even any evidence that this bouncing off an upper story balcony has slowed the plunge.

]]> By: The Feed Bag - I Haz A Morgidj http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/comment-page-1/#comment-59229 The Feed Bag - I Haz A Morgidj Thu, 09 Aug 2007 01:50:38 +0000 http://www.therealestatebloggers.com/2007/08/08/have-we-hit-the-bottom-of-the-housing-market-anecdotal-evidence-says-maybe/#comment-59229 [...] Tom at The Real Estate Bloggers wonders Have We Hit the Bottom of the Housing Market? Anecdotal Evidence Says Maybe [...] [...] Tom at The Real Estate Bloggers wonders Have We Hit the Bottom of the Housing Market? Anecdotal Evidence Says Maybe [...]

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