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05-06-2013, 12:52 PM | #46 |
Banned!
Join Date: Sep 2000
Location: NOT Columbia, MO 65201
Casino cash: $3000194
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Houses are being built all over the place here. Of course, our values never really dipped.
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Your son is a bench warmer because of your weak genetics not because of the coach Norlin Mommsen is disgusting. |
Posts: 45,992
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05-06-2013, 01:02 PM | #47 |
Court Jester
Join Date: Aug 2000
Location: Orlando
Casino cash: $3132400
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I just bought a house 3 weeks ago in Florida(by Jacksonville) and paid 84K cash for a house that I couldn't have touched for under 150 about 5 years ago. Every home on the market here is either a foreclosure or short sale. There are a ton of really nice houses here for sale under 100k.
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Posts: 19,691
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05-06-2013, 01:03 PM | #48 |
Don't tread on me.
Join Date: Nov 2006
Location: Where the peaches grow
Casino cash: $9030572
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^You cant sniff a decent house for under 150k up here.
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Posts: 8,540
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05-06-2013, 01:03 PM | #49 | |
The Insider
Join Date: Jan 2004
Location: Lake of the Ozarks
Casino cash: $2368752
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Quote:
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Posts: 49,558
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05-06-2013, 01:05 PM | #50 |
Rabbi Goldmann
Join Date: Nov 2012
Casino cash: $5450159
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Posts: 87,025
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05-06-2013, 01:12 PM | #51 | |
Shaken. Not stirred.
Join Date: Sep 2002
Location: London
Casino cash: $14060126
VARSITY
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Quote:
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My dear girl, there are some things that just aren’t done. Such as, drinking Dom Perignon ’53 above the temperature of 38 degrees Fahrenheit. That’s just as bad as listening to the Beatles without earmuffs. |
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Posts: 65,554
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05-06-2013, 01:15 PM | #52 |
Court Jester
Join Date: Aug 2000
Location: Orlando
Casino cash: $3132400
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There are a ton of them. This was the 3rd house that I made a full price or higher bid on. The only reason I got the house is because they had a stipulation to sell the house to owner/occupants first before they would take offers from investors. It sucks for people just looking for a place to live have to compete with a bunch of greedy investors.
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Posts: 19,691
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05-06-2013, 01:16 PM | #53 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $2821110
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The inventory is most areas is very low and the prices are jumping.
Hedge Funds have been buying up homes in droves in the worst areas to rent as investments, causing a rapid tightening of the market. While it may seem good in the short run, once again the Fed pumping all this money into the economy is causing people to chase investments: first gold, then stocks, then Bitcoin, and now bonds and real estate. The job market and employment rate still suck, gas is still sky high, and Obamacare is killing any hiring past 50 employees. Not sure where this is all going to lead but I have a very bad feeling we have seen this all once before and it doesn't end well...........
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
Posts: 50,425
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05-06-2013, 01:16 PM | #54 | |
Supporter
Join Date: Dec 2004
Location: Ozarks
Casino cash: $3330564
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Quote:
We bought our house in '98 because the taxes were only $3200 per year on a $150k house in this Village. Now, they are $6700 per year on a $170k house, and the highest in the county. As the values went up, they just spent more money doing stupid stuff, now as they have gone down, they just raise the tax rate. |
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Posts: 33,407
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05-06-2013, 01:33 PM | #55 |
Veteran
Join Date: May 2010
Casino cash: $6705985
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Just bought a HUD home here in wichita. Bought it for 77k but appraised for 126k. Needs some minor work and finish up the basement. Great neighborhood and should be able to sell for 135-40k once finished. There are some major deals if you know how to work the system. Owner-occupant get first dips. (Have to own the house for atleast a year) so you can get a jump on the investors.
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Posts: 1,253
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05-06-2013, 01:37 PM | #56 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $3368491
VARSITY
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Quote:
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I'm putting random letters here as a celebration of free speech: xigrakgrah misorojeq rkemeseit. |
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05-06-2013, 01:37 PM | #57 |
Spiraling down the Drain
Join Date: Oct 2012
Location: Dante's Ninth Circle
Casino cash: $2760588
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Another bubble in the making
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"We're both part of the same hypocrisy, Senator, but never think it applies to my family." "Fredo. You are my brother, and I love you. But never take sides against the Family again. Ever." 2019 Adopt a Chief - Travis Kelce #87 |
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05-06-2013, 01:58 PM | #58 | |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
Casino cash: $3189627
VARSITY
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Quote:
Spott, there is no ****ing way can you touch a house even in a horrible neighborhood for $150K in the St. Pete area. We are only about an hour hour and a half away, right?
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Fear leads to anger, anger leads to hate, hate leads to suffering. -YODA |
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Posts: 78,962
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05-06-2013, 02:05 PM | #59 | |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
Casino cash: $3189627
VARSITY
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Quote:
http://portal.hud.gov/hudportal/HUD?...homes_for_sale
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Fear leads to anger, anger leads to hate, hate leads to suffering. -YODA |
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Posts: 78,962
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05-06-2013, 02:15 PM | #60 | |
Court Jester
Join Date: Aug 2000
Location: Orlando
Casino cash: $3132400
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Quote:
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Posts: 19,691
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