Comments on: Will Real Estate in ’09 Be Better or Worse?

By: kurt@mutual funds

kurt@mutual funds — Mon, 08 Jun 2009 00:13:34 +0000

Well, here we are in June, prices and unemployement are still dropping, but they appear to not be as falling as fast as the end of 2008 and beginning of 2009. I am hearing too often that by the fall, we should be out of the recession, which is good, since my father-in-law is in real estate, and he's been hurting for the past 9 months.

By: Ron@commercial real estate

Ron@commercial real estate — Sat, 02 May 2009 21:53:31 +0000

Keep an eye on the unemployment rate.

By: sell and rent back

sell and rent back — Tue, 28 Apr 2009 11:38:08 +0000

Do you expect real estate prices to drop down further ?

By: Make Money Online

Make Money Online — Sun, 08 Mar 2009 04:11:42 +0000

Very useful stuff here. I am researching content for an article. Bookmarked, will be back.

By: del mar real estate

del mar real estate — Tue, 03 Mar 2009 11:41:11 +0000

Truly!!! i’ll go with my above comment, but still i have some hope it will be better than now.

By: the Blogoholic

the Blogoholic — Sat, 13 Dec 2008 15:17:53 +0000

I don't think it will be any better or worse, but the same. (As it used to be.) But for now, all we can do is wait... the Blogoholics last blog post..How to Cloak Your Affiliate Links and Make More Money

By: JCL@A Real Estate Blog Focusing on Christ, Christian Ethics, Emotional Issues and Encouragement as it Relates to Real Estate.

Fri, 12 Dec 2008 21:35:17 +0000

If the treasury follows through on driving the rates down to 4.5% that could be a good catalyst for a return to normalcy. But the days of ‘fog a mirror – get a mortgage’ are long gone… so now is a good time for those with good credit and some cash (and who live in a good market) to get in to investing.

By: James@Houston Homes

James@Houston Homes — Thu, 11 Dec 2008 21:39:17 +0000

Charles,

Ones perception is always ones reality.

By: James Houston Homes

James Houston Homes — Thu, 11 Dec 2008 21:35:04 +0000

Predicting the direction of the housing market in the past has been fairly easy. With what is going on today only those that are paid to predict something/anything (analyst) should try and predict what is to happen around the corner. Well lets not leave out the fool as well. The fool will attempt to predict anything.

What we can do is analyze what is happening in the market place and see whether or not we are willing to swallow the risks involved. Many areas of this country are starting to look very good when it comes to historical numbers. I am going to step out on a limb here and say that any price drops where the carrying costs on a home fall below the market rents is unwarrented and housing will shoot back rapidly once things stabilize. So, if you happen to be in one of these markets I say buy without concern.

The reason I see it fit to tell people to buy even with the troubles in the market place is that our world’s governing bodies have decided to make a play on inflation. They intend to prevent economy wide deflation by printing money. This will lead to inflation at some point. Will it get us out of this mess? I am still unsure but what I do know is if the world’s governments inflation ploy doesn’t work the U.S. government will have to default on treasuries and that will make the U.S. dollar literally worth nothing. Therefore hoarding your money is not the answer. You loose either way. If the economy stabilizes the costs of housing will spike since it is a comodity based good. If we head into long term deflation our currency will be worth nothing. This tells me that it is a time to be very aggressive in accumilating real hard assets. For example comodities, comodity based goods and companies that hold comodities or comodity based goods.

By: Charles@Las Vegas Real Estate

Charles@Las Vegas Real Estate — Thu, 11 Dec 2008 19:31:41 +0000

Good point about hiring a professional and more importantly, follow their advice and if you don’t like it, get a second opinion. I think the Las Vegas market will be stronger in ‘09, despite everything else. The amount of foreclosures are slowing, but they’ve helped push property prices back down to where they were years ago making everything affordable here again. People are still coming here on vacation and new resorts are still opening up and need workers. I think if people simply believe this will get better it will help make it a reality faster. Often times perception is reality. I do hope that foreclosure.com’s predictions are correct for everyone’s sake.