I want to get in this discussion so bad. I love real estate talk. But for now, I can't stay around long.
One comment though -- I do not think we are at the bottom. The next wave of foreclosures, or needing to sell fast, is going to happen to people who had made good decisions and have fixed rate mortgages, but now they have lost their jobs. Tragic things are happening out there and some of them to people in their 50's who thought they were doing things right.
("BOOMER! GET UP OFF YOUR BEHIND! THERE'S COMPANY 'ROUND THE BEND!")
So anyway, this real estate thing is still a vile mess that continues to grow arms and legs. If you browse through the Investment Forum here, you will see other threads with this discussion, some a couple of years old, and yet, here we are...second verse same as the first......
("BOOMER! SHUT UP! AND STEP AWAY FROM THAT COMPUTER! NOW!")
So anyway, TTYL.
Boomer (Oh, btw, that was not Mr. Boomer yelling at me. He does not yell at me. That was me yelling at me.)
Last edited by Boomer; 11-24-2010 at 10:35 AM.
Reason: left out a part
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