Real Estate Buying ups and downs
January 31, 2009 by Hanna08
Real estate can go up or down in price. If the Financial crisis has taught us anything, it is this fact.
Making money from the financial crisis is a tricky proposition. The governments and banks have conspired to create the “perfect storm” for investors. There seems no safe haven. With interest rates at all time lows, government bailouts and money supply growth, it is almost impossible to decide on which way to jump.
Even the luxury real estate market is not immune. Luxury property prices are falling faster than any market segment currently. Selling your home at a loss is almost inevitable for just about every buyer in the last ten years.
House markets will fall along with every other over valued asset. The odds are, prices will overshoot, and this is when the savvy investor will strike. But not until that time.
When that time arrives is a matter of conjecture, but one need sto be aware enough to take advantage when the opportunity arises to make money from the credit crisis.
Financial crises come and go, but the overwhelmingly obvious thing about them is the fact that wealth seems to polarize at the top of the money tree. The rich get richer and the poor get poorer.
This crisis is going to be a crisis of epic proportions. Perhaps rivalling the 1929 crash. There will be enormous drops of houses prices around the planet.
Timing is vital for re-entry into the market as an investor.
Twitter co-founder Evan Williams is cashing in on his success and is putting up his San Francisco penthouse on the luxury real estate market. The estate features a two-car garage, 11-foot ceilings, remodeled gourmet kitchen and patio city views. Asking price is a reasonable $1.498 million.
REAL ESTATE RESEARCHER – oDesk – Woud like to market a luxury large house with servants quarters tennis court, pool…
Posted via email from Graham’s posterous
Thanks for commenting. Be sure to check out more of our ExpertRealEstateTips videos
I like that!!
"Our committed competitors will literally face off in a battle where they'll do anything but try to keep a straight face…. it's the one, the only ,, super silly, ridiculous, and very very intense face face-off!!!!"
Do you think the luxury real estate market is a little more stable than say the mid range prperties in and around Boston? Yes I do think that the high end is stable, in fact, it lacks good inventory currently. Properties above $2M are selling. Between $1M and $1.5M not so much. The lower end seems to have too much inventory but there are buyers. Overall Boston seems stable.
Growth In Eurozone Bank Lending Slows: (RTTNews) – Eurozone bank lending as well as money supply growth slowed i… -
As far as I know, (not that I've delved very deeply being violently opposed to such measures), lipo can only be carried out on relatively small deposits of fat, (i.e. you can use it to syphon off a little cellulite on an otherwise average-sized arse but you couldn't transform an arse of epic proportions into Kate Moss's using lipo), which is why it's regarded as a cosmetic procedure compared to full-on bariatric surgery.
Wow… not only did you miss your Econ class, but it's obvious you slept thru your Grammar class as well!
What you're trying to argue is that there is a "fixed pie" — that there are just so many goods and services and resources, and therefore all we are doing is using up someone else's pie when our plate gets "fuller."
Unfortunately, such doomsayers have always been around, but fortunately, they are always proven wrong. Without sounding like Star Trek, technology has allowed more people to live on fewer resources, as well as preventing deaths from massive plagues.