i blame cheap easy money & low interest rates. the fed made both available to counter deflation. unfortunately the side-effect is housing prices...
probably true. with the US government upto its eyeballs in debt, the Federal reserve is printing money around the clock. whenever you print...
great site!!! i started drooling as soon as it came up!
isn't the job market taking a beating there? also whats the vacancy rate like? i know quite a few californian investors there already.
yes i was there last summer. I'm doing several pre-construction deals in boise. returns are not bad, but then i'm still not very impressed with...
haha. thats what a lot people who need to start a family will do. MOOOOVE.
http://www.benengebreth.org/housingtracker/location/Florida/Orlando/ looks like its on a downward trend. inventory is increasing while prices...
you're preaching to the choir. http://moneyshaker.blogspot.com/2005/10/real-estate-forecast-in-california.html...
you're right people are fleeing CA. http://moneyshaker.blogspot.com/2005/11/high-home-prices-causing-californians.html
he's not making enough money to even pay for the mortgage. his take home pay is 3.5k. assuming he doesn't pay taxes, after a 2.4k mortgage payment...
you need to tell us where your house is. RE markets are local not national.
i live in Socal. its far cheaper to rent than own by 45%. Since the highest tax bracket is 35% it makes more sense to rent. I sold my condo,...
This people aren't growth investors. they're speculators. I'm guilty of this myself. but i have a small section of my "portfolio" dedicated to...
yeah thats not a real good example. i just closed on 2 homes in indiana. built in 1998, 4/2/2 approx 1600 sq ft at 100k each. rent out for 1050....
Real Estate is not a national market. its a local one. however markets that are close by have some effect on each other. historically whenever...
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