Comments on: Housing Prices http://www.realpropertyadvice.com/housing-prices/ Your Property is Your Biggest Investment. Know all the Facts. Thu, 28 Aug 2008 05:23:26 +0000 http://wordpress.org/?v=2.1 By: Christopher Smith http://www.realpropertyadvice.com/housing-prices/#comment-56 Christopher Smith Thu, 12 Apr 2007 02:06:01 +0000 http://www.realpropertyadvice.com/housing-prices/#comment-56 Some good points. But remember - all real estate markets are local. I think that in the long run real estate is a good investment (I'm an investor myself) but I'm still a bit leery about some overheated markets. And I'm equally leery about some of those National Association of Realtors forecasts - don't forget your grain of salt! Some good points.

But remember - all real estate markets are local. I think that in the long run real estate is a good investment (I’m an investor myself) but I’m still a bit leery about some overheated markets. And I’m equally leery about some of those National Association of Realtors forecasts - don’t forget your grain of salt!

]]> By: Timothy Goggin http://www.realpropertyadvice.com/housing-prices/#comment-1025 Timothy Goggin Thu, 28 Feb 2008 19:43:54 +0000 http://www.realpropertyadvice.com/housing-prices/#comment-1025 You need to go back further in history, 1963 is too short a time period as this is the baby boomer generation, look at the florida property crash of 1923. This of course may never happen, however, if one really thinks property will fall by only 10%, its is nuts, if property has risen from 100K to 400K over the last 10 years, that is a mega 300% rise. so if property were to fall by 25%, you are still up a mega 200% and in any language that is massive unless you are seriously greedy. In the long term property is a great bet but if you are now 60 and have bought in the last year, you wont be flipping anytime soon for a profit! You need to go back further in history, 1963 is too short a time period as this is the baby boomer generation, look at the florida property crash of 1923.
This of course may never happen, however, if one really thinks property will fall by only 10%, its is nuts, if property has risen from 100K to 400K over the last 10 years, that is a mega 300% rise. so if property were to fall by 25%, you are still up a mega 200% and in any language that is massive unless you are seriously greedy. In the long term property is a great bet but if you are now 60 and have bought in the last year, you wont be flipping anytime soon for a profit!

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