[manaboutown]

Surprise, surprise? 'Home prices will grow a further 16%' by end of next year: Goldman forecast

[RICH1]

Originally Posted by jbrown132

Can’t wait for 10% CD’s

how long do you plan on living?

[CoachKandSportsguy]

up and then down then sideways for awhile, then up and then sideways for awhile, then down. .

timestamp it!

finance guy

[frose]

gas is already 3.50, groceries up 25%.. this is going to get real bad real fast.

[frose]

take off those rose colored glasses and look around.. gas 3.50, groceries up 25%, no cars at the dealers, empty shelves in the stores, back orders from amazon.. this will be very bad very soon.

[kkingston57]

Originally Posted by terenceanne

Another housing crash is ahead IMO

Everything is in line with people buying homes they can't afford because of low mortgage rates, Salaries have not increased, Home valuations are at silly levels - here in the villages we have regular homes selling for $700's $800's or more - Villas at crazy numbers. We could not buy our own house at this point........

This situation is not the same as in the early 2000's when banks were not underwriting loans, not requring a down payment, not verifying employment etc. Market is going to stabilize/go down slighlty but will not crash like crash in and around 2006.

[LateBoomer]

Goldman Sachs just predicted last week a slowing of the market, but it will still grow another 16% in 2022

[manaboutown]

Investors Rush To Buy Nearly 1 In 4 Homes | ZeroHedge

[ThirdOfFive]

Originally Posted by frose

take off those rose colored glasses and look around.. gas 3.50, groceries up 25%, no cars at the dealers, empty shelves in the stores, back orders from amazon.. this will be very bad very soon.

One would hope not--but having lived through the Carter years I see some scary similarities between that time and now. Runaway inflation is a killer.

Along those lines...we are looking at investing in gold and silver bullion coins as a hedge against inflation. Can anyone recommend reputable coin dealers in The Villages? We've contacted one by Email whose website promised an answer "within 48 hours": this was a week ago and still nothing.

[Koapaka]

Originally Posted by ThirdOfFive

One would hope not--but having lived through the Carter years I see some scary similarities between that time and now. Runaway inflation is a killer.

Along those lines...we are looking at investing in gold and silver bullion coins as a hedge against inflation. Can anyone recommend reputable coin dealers in The Villages? We've contacted one by Email whose website promised an answer "within 48 hours": this was a week ago and still nothing.

Your best bet if you are serious about buying physical silver and gold would be Kitco.com. There you can order anything you want, but you will find that the premiums drive the per oz price up given the supply and demand, so it fluctuates.

[ThirdOfFive]

Originally Posted by Koapaka

Your best bet if you are serious about buying physical silver and gold would be Kitco.com. There you can order anything you want, but you will find that the premiums drive the per oz price up given the supply and demand, so it fluctuates.

Thanks.

[ex34449]

No one knows the future, all just guesses. I will say this though. I just sold our home near Crystal River for a ridiculously high price. Far more than it was worth and I should have asked more. Had a contract on it within 60 minutes of it being listed.

[MrFlorida]

[QUOTE=Michael G.;2010211]Those lucky snow birds.
When their ready to sell, they'll make thousands on the sale of their second house.[/QUOTY

Yes they will make more, but also pay more, it's all relative.

[davem4616]

Originally Posted by RICH1

Buy a pup tent & ammo...

or move to San Francisco...they'll give you a free tent...and you don't even have to wear a flower in your hair if you're going there anymore

[Stu from NYC]

Originally Posted by davem4616

or move to San Francisco...they'll give you a free tent...and you don't even have to wear a flower in your hair if you're going there anymore

Will they throw in my own private outhouse?