Homes Start Moving Again In Sept.

[Conan71]

This is the upside of a collapsed RE market:

http://www.nytimes.com/2008/10/25/business/economy/25econ.html?hp

I have to admit, it's gotten me to start looking at more property.  Now is not a bad time to buy.

[Hometown]

Have you forgotten your Christian upbringing and all that Protestant guilt?

How dare you trade on the misery of other people for the possibility of some ill-gotten gains.

Get to church immediately, say three Our Father's and take your belt off and whip yourself.

[nathanm]

quote:Originally posted by Conan71

This is the upside of a collapsed RE market:

http://www.nytimes.com/2008/10/25/business/economy/25econ.html?hp

I have to admit, it's gotten me to start looking at more property.  Now is not a bad time to buy.

That article is dead on. Several of my clients are buying foreclosures. One of them is buying in serious volume.

He's pretty good at not getting screwed, hence his having the money to spend on them, but I see prices falling some more before it's all over. Not that my timing has ever been good. I had been calling for this crisis since 2000ish. [V]