Too much supply and too little demand means fewer new homes built and lower margins. Meredith Whitney (is a prominent banking analyst. Whitney manages her own advisory firm, Meredith Whitney Advisory Group LLC, where she produces company-specific equity research on financial institutions and analyzes the sector’s operating environment. She was formerly a managing director at Oppenheimer & Co.) says home prices will fall another 25% and she has been right about everything else, so why not now? Barclays says 13%. Split the difference and you get 19%. In August, home prices for new homes fell 12% year over year.
httpv://www.youtube.com/watch?v=2ixToTIyg50
When I saw how the housing prices were going up, up, up and most peoples’ salaries didn’t pay enough to afford them, I knew the market was going to crash three or four years ago. Some real estate dealers and owners were just so incredibly greedy. They ask for a sales price or rent not based on how much they really need to charge to recover their expenses and make a reasonable profit, but on getting the maximum money for themselves, without regard for the effect on society.
San Diego Medical Marijuana Dispensaries
Although the foreclosures may have hit a plateau, the correction still has a little ways to go. Sorry, fundamental values stand for SOMETHING and are really your best bet against big losses.
San Diego Vacations
Real estate homes should be thought of as just that and not investments. Things are slowly getting better here.
Houston Bail Bonds
I’m buying a home not so much as an investment but as a place to live and raise a family.
San Diego Legal Services Group
Tough times in real estate may change the San Diego conventional wisdom that you can never lose in real estate.
Orange County Medical Marijuana