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www.eInvesting.com Forum Index » Real Estate Investing

No Idea BUt House Prices...Wats up wit it now?


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linh3203
PostPosted: Mon Sep 10, 2007 2:30 pm Post subject: No Idea BUt House Prices...Wats up wit it now? Reply with quote

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Any predictions on Southern California home values in the next 4-5 years? With all thats happening wit change in Prez and Iraq.....Prices gona Drop, Freeze, or Fly?
I wanna buy a house in couple years and i want it in SoCal...haha so whens the prices gona drop...right now they basically stuck...
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wjmathewsx
PostPosted: Mon Sep 10, 2007 2:37 pm Post subject: Reply with quote

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If I had to guess I would say drop in the next 4 to 5 years...actually start looking to buy right before we pull out of Iraq....if you wait until after it'll be to late...jhowever noone seems to know when that is
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linh3203
PostPosted: Mon Sep 10, 2007 2:49 pm Post subject: Reply with quote

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haha great it makes pritty good sense
hopefully be able to buy in a couple years
i been lookin and the prices are now on hold...sales are barely moving if moving at all haha...the house across the street put a sign up a couple months back and seems like they gave up...
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Do5
PostPosted: Tue Sep 11, 2007 2:23 am Post subject: Reply with quote

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I live on the east coast, and when I see the Flip that House show... it amazes me at the prices they get.

Homes that sell for 60-80K sell for $400k + there.

wild
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InvestingMac
PostPosted: Fri Oct 12, 2007 5:45 am Post subject: Reply with quote

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Do5 wrote:
I live on the east coast, and when I see the Flip that House show... it amazes me at the prices they get.

Homes that sell for 60-80K sell for $400k + there.

wild



They only show you the massive success stories. Wouldn't be as exciting if they showed you the flippers who got caught with the house and had to eat the renovation expenses.
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