The Next Great Depression is headed our way! The real estate bubble is about to pop. Will you be caught swimming naked? http://www.youtube.com/watch?v=QqkbHV3C9L4#GU5U2spHI_4The real estate bubble is about to pop. Will you be caught swimming naked?
The market is making a long overdue correction. Many areas of the country are very stable and are still seeing nice appreciation. Don't believe everything you see on the 'net.The real estate bubble is about to pop. Will you be caught swimming naked?
It was already popped ...
Troy
http://realestatepress.orgThe real estate bubble is about to pop. Will you be caught swimming naked?
It has already popped and some time ago. This is old news. Also, I don't put any stock in youtube.
No, I'll be fine. While real estate prices skyrockeded I just sat back and saved a ton of money. I'll wait a few more years to buy as most areas still have severe declines to come. Don;t believe the guy above, most areas are declining or at the very least they are stagnant. I've been all over the country and real estate is pathetic. If someone says this is not true than they are lying. Why would they lie. Because they are probably real estate agents or morgage brokers and they make money on dumb people who are actually buying. Come on!! many places in this country have double and even tripled in value in the last 5 years (Florida, Las vegas, Phoenix) This is not inflation or demand and this is very abnormal. Be prepared for a lot more decline to come. This is not a "correction" of a few grand. This is pay back for all those investors who thought they were going to make hundreds of thousands of dollars on average people by buying and flipping real estate a month later.
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