Real Estate Forums

Real Estate Chat Discuss general issues in the world of real estate. Trends in the industry, which franchise to join, recent real estate news. New Realtors, learn from seasoned agents and brokers.

Reply
 
Thread Tools Display Modes
Old 04-21-2008, 07:19 AM
beachside08 beachside08 is offline
New real estate webmaster
 
Join Date: Apr 2008
Location: 1237 S. Victoria Ave
Posts: 2
beachside08 is on a distinguished road
Default Gas Prices Going Up, Real Estate Prices Going Down!

It's the best time to invest or purchase a house. As the economic crunch is pushing crude oil prices higher than the roof, the Real Estate market is experiencing a big drop, making the current rates relatively cheaper.

Would you take advantage of the current real estate downfall and invest in a home?
__________________
If you need fast CASH, here's an excellent resource to visit: www.myonlinepaydaycashadvance.com
Reply With Quote
Old 04-21-2008, 10:02 PM
kevinhuntley's Avatar
kevinhuntley kevinhuntley is offline
Real Estate Web Guru
 
Join Date: Feb 2008
Location: Bellingham, WA
Posts: 314
kevinhuntley is on a distinguished road
Default Re: Gas Prices Going Up, Real Estate Prices Going Down!

I hope to buy my first investment home soon before the homes prices start going up again. there are some really good buys out there.
Reply With Quote
Old 04-21-2008, 10:20 PM
onlineacres onlineacres is offline
New real estate webmaster
 
Join Date: Apr 2008
Location: Portland, OR
Posts: 3
onlineacres is on a distinguished road
Thumbs down Re: Gas Prices Going Up, Real Estate Prices Going Down!

IMO this is one of the best buyers markets of all time: cheap prices and tons of foreclosures, very low interest rates, and higher inflation = higher rents.

Just imagine if you would have invested in stocks during the great depression or any real estate 5-10-15-20 years ago or more. When the market (any market) is getting hit the hardest is the time to BUY!!! BUY!!! BUY!!!

__________________
Free Real Estate Link Exchange and Top List!
www.OnlineAcres.com

Shop Land for Sale Online!
www.LandSalesCo.com
Reply With Quote
Old 04-22-2008, 01:04 AM
escapeso escapeso is offline
Uber Real Estate Webmaster
 
Join Date: May 2005
Location: Austin, Texas
Posts: 1,047
escapeso is on a distinguished road
Default Re: Gas Prices Going Up, Real Estate Prices Going Down!

I hope the FED cuts rates again. I would like to see 30 Year rates fall below 5.5.
__________________
Ki Gray - Austin Realtor

Working in Austin his site covers the Austin Real Estate market. If you are considering investing in Austin be sure to check out his Austin Real Estate Blog or look through some of the Austin Homes currently for sale.
Reply With Quote
Old 04-22-2008, 07:14 AM
TheRealOBX TheRealOBX is offline
Real Estate Web Guru
 
Join Date: Apr 2008
Location: Kill Devil Hills
Posts: 455
TheRealOBX is on a distinguished road
Default Re: Gas Prices Going Up, Real Estate Prices Going Down!

I just bought a home. Definitely was a great buy. Doing the research and finding value homes definitely can be done right now.
__________________
Beach Buy who is a Skins Fan
Outer Banks - Outer Banks Property Management - Outer Banks Real Estate - Coming Soon New REW Template and IDX
Reply With Quote
Old 04-22-2008, 08:02 AM
metaylor9 metaylor9 is offline
REW Client
 
Join Date: Oct 2006
Posts: 661
metaylor9 is on a distinguished road
Default Re: Gas Prices Going Up, Real Estate Prices Going Down!

There are some great deals out there right now. I don't know if we have hit rock bottom, but I think in some areas we are pretty close. The problem is you don't know what rock bottom is until you are well beyond it. If you are not expecting an immediate reversal of home prices and can hold onto your home for more than a couple of years, it makes sense to buy right now.
__________________
Mike Taylor
Indianapolis Real Estate | Carmel Real Estate |My REW Blog
Reply With Quote
Old 04-22-2008, 08:35 AM
TheRealOBX TheRealOBX is offline
Real Estate Web Guru
 
Join Date: Apr 2008
Location: Kill Devil Hills
Posts: 455
TheRealOBX is on a distinguished road
Default Re: Gas Prices Going Up, Real Estate Prices Going Down!

I tend to agree. It is always impossible to gauge rock bottom. Once the upswing has happened you are already too late. I think all deals like anything must be evaluated on a case by case basis. If you are very knowledgable about your area you should always be able to pick the diamond in the rough so to speak.
__________________
Beach Buy who is a Skins Fan
Outer Banks - Outer Banks Property Management - Outer Banks Real Estate - Coming Soon New REW Template and IDX
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Real Estate CMS Questions ErikH Laid Back Chat 1 05-08-2008 03:52 AM
Hello, I am a Real Estate Junkie, I have a Problem ericmedem Introduce Yourself 32 04-05-2008 09:15 PM
Google Indexing Agnafl Real Estate and Google 15 07-16-2007 06:54 PM
Casinos and real estate rvolk75 Real Estate Chat 8 02-09-2007 02:27 PM



For our members

Main Sections

IDX Coverage Areas

Spiders Welcome

All times are GMT -7. The time now is 12:29 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.