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Super Contributor
Justsaying
Posts: 205
Registered: ‎12-13-2009
0

Housing Sweet "recovery"! FALSE POSITIVE!

[ Edited ]

OH HOUSING SWEET "recovery"...

 

Like I said before: this is the best time to SELL!

 

If you're a Buyer: BEWARE!!!

 

 

http://www.youtube.com/watch?v=e4F8euyzubo

Super Contributor
Justsaying
Posts: 205
Registered: ‎12-13-2009
0

Re: Housing Sweet "recovery"! FALSE POSITIVE!

Gold Regular Contributor
sheriff
Posts: 2,346
Registered: ‎06-01-2012

Re: Housing Sweet "recovery"! FALSE POSITIVE!

[ Edited ]

The continuing recovery of the housing industry will the depend on the continued growth of the economy and the growth of jobs in a region.  It does not depend on some person and his charts.

Super Contributor
Justsaying
Posts: 205
Registered: ‎12-13-2009
0

Re: Housing Sweet "recovery"! FALSE POSITIVE!

[ Edited ]

sheriff wrote:

The continuing recovery of the housing industry will the depend on the continued growth of the economy and the growth of jobs in a region.  It does not depend on some person and his charts.


 "Sheriff": If only his charts/data weren't real facts; and if only people didn't perpetuate the denial by painting a rosy picture of the real estate "recovery" and the economy that isn't, if only...

 

Gold Regular Contributor
sheriff
Posts: 2,346
Registered: ‎06-01-2012
0

Re: Housing Sweet "recovery"! FALSE POSITIVE!

Now is not the time to sell.  Real estate prices are heading up.  perhaps 2015 or later we will get a dip, but nobodt knows that far ahead.

Contributor
buyer2be
Posts: 29
Registered: ‎07-21-2009

Re: Housing Sweet "recovery"! FALSE POSITIVE!

Scores of millions of people own different types and categories of RE for lots of different reasons and purposes.  A condo bought at the right time in the market cycle for my kid to live in during college can appreciate over that period of time and then be sold upon his graduation, netting back the bulk of his housing costs over those years--and of course if the timing is wrong, it can add significantly to those costs.  A small apt building can be bought to fund an elderly parents living expenses during retirement, then sold after their passing to return some share of those costs.

The list goes on infinitely.  There are many reasons a piece of RE is sold even though the timing is not optimal: health, divorce, death, relocation, fatigue, change in strategy, etc.

So to say that this is the best time to buy, or best time to sell seems to overlook all those components and variables.  Maybe its more instructive to observe the reasons behind the advice rather than to just cut to the bottom line advice.

I am interested in knowing the "why" behind the posters opinions. 

Gold Regular Contributor
sheriff
Posts: 2,346
Registered: ‎06-01-2012

Re: Housing Sweet "recovery"! FALSE POSITIVE!

Reason for posting - Many investors on this forum try to convince people the market will go down to reduce competition for them as buyers.