NAR is like a salesman. A salesman will always try to spin the truth to sound great. NAR will always be a cheerleader for Real Estate.
"Dont you dare buy ...( 7 months ago by BubbFromGEI)
"Dont you dare buy a home right now":: Good advice in the US and the UK. Poor advice in Hong Kong
Real Estate ...( 7 months ago by excelsiorlife)
Real Estate Investment is good in both up and down markets. In this market I have come upon several foreclosures that were aquired at a price that will realize a profit.
It's a buyer market when you can find the right deal. The risks never go away.
Bullshit. That's ...( 7 months ago by stinkypoon)
Bullshit. That's called knife-catching and it is almost guaranteed you'll be in the red and owe more than the house is worth. Just plain stupid.
This is hilarious ...( 6 months ago by bentleydev)
This is hilarious watching this in reterospect.
So if the value of ...( 6 months ago by bentleydev)
So if the value of my home goes up I'll make money.
Great idea save for the whole "housing prices are in the toilet" problem.
As a real estate ...( 6 months ago by MSGOODBAR)
As a real estate appraiser I am telling you that the Charles Mcmillan from NAR is just trying to protect his career. Most realtors are one of the main culprits that have caused this economic fiasco that we are dealing with along with many others in real estate who are not regulated as harshly as appraisers.
Michigan, Indiana, and Ohio are not good states to buy property unless you are going to do a tax lien certificate or something and you just want to have something there.
this guy has ...( 6 months ago by drtubetube)
this guy has thousands of realtors that he speaks for, that are struggling desperately right now. Unfortunately, the situation is dire and kramer is correct
Matt said put money ...( 6 months ago by Alguru52)
Matt said put money into realestate Americans don't put money in? Harvard figures.10% down, 5% up every year 3 years on a 100k x3years=116k how much do you make? Mortgage 90k (4500 interest only) x 3 , property tax 1k x 3 , insurance 500$ x 3 heat 1200$x3 hydro 1200 x3 water/sewage 500x3 and then realestate fees alone 5% x 116 (5800 ) and no principle has been paid off the mortgage. IF you don't know or understand ANY of this you aren't smart enough to own a house. OH your profit =1600 loss
Finally Cramer got ...( 6 months ago by falcon2154)
Finally Cramer got something right.
And with someone ...( 6 months ago by Einstiensblackid)
And with someone else's money.
Here in the Phoenix ...( 3 months ago by tbreest)
Here in the Phoenix area, real estate sales have had a sudden surge, granted prices have fallen sharply in the last few weeks. Listingsupply com indicates that MLS listings in the major US markets are finally starting to fall, which should mean price stability ahead. Let's hope!
Isn't it true that ...( 2 months ago by LeftLiberalSoCal)
Isn't it true that your customers are Realtors who tend to give business only to appraisors who "get the values right"?
Come clean.
he is same ...( 2 months ago by AntiBullS)
he is same prostitute as your stock broker , bastard does not represent your best interest
He tells you to ...( 2 months ago by VivaMydick)
He tells you to sell RE just so the globalists can buy it. Don't do it, don't panic. Don't you remember how they always take over the market, e.g. Rothschild in 1815 and the bankers during the Great Depression.
Globalist confiscate millions of acres for NAFTA from Mexico to Canada
Most appraisers ...( 2 months ago by MSGOODBAR)
Most appraisers work for banks and investors. Some who have thier license are investors. There are some that have realtors as backhanded customers but not the majority. The government has cracked down hard on appraisers due to the S&L scandal. If they find that we have manipulated the values our license is revoked and we will never be able to practice appraising again.
It's time we got ...( 2 months ago by mongobobo)
It's time we got rid of realtors and just use craigslist or something. Get agree upon a lawyer to finalize the paperwork and save some money.
Getting rid of ...( 2 months ago by MSGOODBAR)
Getting rid of realtors are a bit drastic because some people who are selling their homes find it easier to do. I want them and all the other players involved in real estate that buyers and investors used to be regulated the same way appraisers, engineers, and inspectors are. The field of real estate is not fair.
Charllote North ...( 1 month ago by LetItFloat)
Charllote North Carolina continue to perform well despite what is going on in adjacent States. Only States with major metropolitan areas are feeling the pinch. However, the economic down turn is translating in other areas such as gas price and automobile industry and other sectors and that might be a bad news, at the same time we know the troops are coming home and that should be a positive thing to look forward to.
Just get rid of the ...( 2 weeks ago by raidereddie)
Just get rid of the BAD Realtors, actually the current downturn is taking care of that automatically. R.E. License renewals in Mass. are down.
Let us look at the ...( 2 weeks ago by mongobobo)
Let us look at the NASDAQ circa 2000. At one point it was hi as 4800. Now it's at around 2200. So even after 8 years it's STILL only worth half as much as it once was. Therefore, by your logic, crank454, the NASDAQ
was a 'good deal' ...( 2 weeks ago by mongobobo)
was a 'good deal' at 3500. And you'd STILL be underwater.
i don't care what ...( 2 weeks ago by mongobobo)
i don't care what area you are looking at, but if you don't have the money, you're not going to be able to borrow it. That slows housing everywhere.
Jim Cramer for us ...( 3 days ago by attie3)
Jim Cramer for us secretary of the treasury
or Chairman of the Federal Reserve
It's a buyer market when you can find the right deal. The risks never go away.
Michigan, Indiana, and Ohio are not good states to buy property unless you are going to do a tax lien certificate or something and you just want to have something there.
Come clean.
or Chairman of the Federal Reserve