[lostbuyer]

I guess people shouldn’t feel bad about losing money on real estate. After all “everybody is doing it”.
" they aint building anymore land" He's down on the mat, he's bloody, the fans are booing. But can the Tampa Bay area housing market rise from the arena as the Comeback Kid?

You can bet the house on it, said Lawrence Yun, senior economist at the National Association of Realtors.
just a few of my favorites......

[kort677]

Originally Posted by lostbuyer

I guess people shouldn’t feel bad about losing money on real estate. After all “everybody is doing it”.
" they aint building anymore land" He's down on the mat, he's bloody, the fans are booing. But can the Tampa Bay area housing market rise from the arena as the Comeback Kid?

You can bet the house on it, said Lawrence Yun, senior economist at the National Association of Realtors.
just a few of my favorites......

<yawn>
one day the housing market will turn to the upside and many of you fence sitters will be wailing over how expensive houses and how you missed your chance to buy

[lostbuyer]

key word "one day"but not today or any other day close to now........

[Obrero]

One day in a galaxy far, far away

[kort677]

Originally Posted by UKOK

One day in a galaxy far, far away

just as foolish as the guys who bought multiple condo units thinking the sky was the limit for prices and that the go go times would last forever, the gloom and doomers are the opposite end of the spectrum and anyone who believes that real estate will never go up again, is just as foolish.
In many places prices have never gone down and excepting only the most drastic cases, places that are now weak will become strong again. Bet your last dollar on it

[MrTudo]

Originally Posted by lostbuyer

You can bet the house on it, said Lawrence Yun, senior economist at the National Association of Realtors.

Sure, Lawrence. As long as it's someone ELSES house and somebody elses money.

[Audacious]

Originally Posted by lostbuyer

key word "one day"but not today or any other day close to now........

And not half as far away as you might think.

[backtofla]

it will come back strong again. believe me.

[Obrero]

Originally Posted by kort677

just as foolish as the guys who bought multiple condo units thinking the sky was the limit for prices and that the go go times would last forever, the gloom and doomers are the opposite end of the spectrum and anyone who believes that real estate will never go up again, is just as foolish.
In many places prices have never gone down and excepting only the most drastic cases, places that are now weak will become strong again. Bet your last dollar on it

I just love how people are calling bottom when there isn't one iota of information to even catch a whiff of the bottom. Foreclosures aren't declining, borrowing costs aren't declining, personal debt isn't declining (increased again to record levels), the hump of ARM resets hasn't been passed, prices are still declining for almost every major MSA (except Portland and Seattle), GDP growth isn't increasing (decreased 75% Q4-06 ->Q1-07), there is still a lot of inventory coming onto the market from the builders, and many yank-backs from fall/winter aren't on the market again yet. There is nothing to indicate a bottom.

[lostbuyer]

check this out..........Sacramento Area Flippers In Trouble