| Now's the Time to Buy a House (2009-07-20) |
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marotta
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| Now's the Time to Buy a House (2009-07-20) |
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Now's the Time to Buy a House (2009-07-20)
by David John Marotta
The bottom is forming, although it may continue to do so through early 2011.
Read the complete column at http://www.emarotta.com/article.php?ID=346
David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
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Wed Jul 29, 2009 2:42 pm |
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maxmechgroup
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i thing u can wait 3-4 month for invest money in house or real estate.after few month u have really good chance to buy property.
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Tue Aug 04, 2009 12:04 pm |
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rmichaels
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Location: Hawaii
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We had a bubble pop, it takes the same amount of time to deflate the bubble as it to inflate it. So real estate has NOT hit bottom. Not to mention all the people that could have bought a house did. They are not coming back into the market especially the baby boomers. They're is 2+ years worth of unsold homes on the market, banks are destroying new homes because they cant sell them and don;t want to pay state, county fees on them. Take the "crash course" (google it) by chris martenson (spell?) you'll learn alot.
Live in your home, make your money at work.
“The truth is not for all men, but only for those who seek it.” - Ayn Rand
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Thu Oct 15, 2009 6:43 am |
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Nick Brian
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Location: New York
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If you have money and know a little about property then go for some wholesale property or foreclosure. Price has fallen by a large amount and after the economy gets its stregth back you can't do this easy that is for sure.
Santa Cruz Ca Homes Santa Cruz Real Estate Santa Cruz Real Estate Listings
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Sat Oct 17, 2009 7:37 am |
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BillK
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Location: Wisconsin
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Every geographical area may be a bit differnt.
In Northeast Wisconsin, there are some incredible deals on existing new homes. The deals will not keep coming since builders will not continue to build and sell at a lost. It is rather hard to stay in business that way.
This part of the country while suffering also, may not be as bad off as many other parts. Incomes are decent and cost of living reasonable with a manufacturing base that is still going.
Like my dad said when he left for work at Fort Howard Paper. Even in tough times, people will keep buying toilet paper.
BillK
http://www.firstfinancialhelp.com offering free financial advice with free financial calculators to enter custom information.
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Sat Oct 17, 2009 5:23 pm |
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No-Brainer
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Location: Oregon USA
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quote:
Originally posted by BillK
Every geographical area may be a bit differnt.
In Northeast Wisconsin, there are some incredible deals on existing new homes. The deals will not keep coming since builders will not continue to build and sell at a lost. It is rather hard to stay in business that way.
This part of the country while suffering also, may not be as bad off as many other parts. Incomes are decent and cost of living reasonable with a manufacturing base that is still going.
Like my dad said when he left for work at Fort Howard Paper. Even in tough times, people will keep buying toilet paper.
I bet your dad told you they ain't making any more dirt too.
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Sat Oct 17, 2009 6:29 pm |
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anbu2020
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nvesting in "individual" stocks takes a lot of knowledge and practice; so I would not suggest doing this until you understand completely how the stock markets work.
Vanguard.com is ideal for long term investors who want to learn about mutual funds, index funds, and exchange-traded-funds (ETFs). Trading funds is less risky than trying to trade "individual" stocks.
Unless you plan on spending everyday of your life looking at stock charts trying to determine the best time to get in and out of "individual" stocks, I would look into some sort of fund.
Also be very careful about asking for stock tips online. Most are probably worthless or contain unethical motives. Do not fall for any Pump-and-Dump scams.
As far as books go, I actually started out with the Investing for Dummies books, and they definitely pushed me in the right direction. To many other books have their own agendas in my opinion.
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Wed Aug 25, 2010 11:55 am |
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Captainsoban
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Location: New Bern N.C
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quote:
Originally posted by rmichaels
We had a bubble pop, it takes the same amount of time to deflate the bubble as it to inflate it. So real estate has NOT hit bottom. Not to mention all the people that could have bought a house did. They are not coming back into the market especially the baby boomers. They're is 2+ years worth of unsold homes on the market, banks are destroying new homes because they cant sell them and don;t want to pay state, county fees on them. Take the "crash course" (google it) by chris martenson (spell?) you'll learn alot.
Live in your home, make your money at work.
See the thing about "Not to mention all the people that could have bought a house did." is partially true. but you have to consider the fact that some people are scared to spend that kind of money with how the job market has declined. yes most people think they are safe at there job and don't care about buying the new house since its "such a good deal" but there's atleast 30% of people out there who are waiting for right time when the market starts to improve and buy while the housing is still reasonably low and they can get an amazing mortgage rate.
www.bluemoonfinancialgroup.com
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Tue Aug 31, 2010 7:32 pm |
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davidbkeegan
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quote:
Originally posted by BillK
Every geographical area may be a bit differnt.
Very true, you'll still find overly expensive houses in big cities. I don't think that will every change, bubble or no bubble
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Tue Aug 31, 2010 9:06 pm |
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Eric80
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You should buy a house at a good school district. Housing in good school districts will always remain competitive. You will see the value of putting the extra money into a home due to its location in regards to the school district.
Freeze your interest with an IVA (Individual Voluntary Arrangement)
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Thu Sep 09, 2010 6:24 pm |
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Jammy
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| I wouldn't advise on that |
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I wouldn't advise on buying property yet. I mean considering the current down turn, it wouldn't make much sense.
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Fri Sep 17, 2010 5:35 am |
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riccky4787
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Joined: 21 Dec 2010
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I was looking for similar information, thanks.
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Tue Dec 21, 2010 11:17 am |
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janiemorgan
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I'd prefer buying a new house than a new car.
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Tue Dec 28, 2010 11:16 am |
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