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Old 07-27-2006   #1
Greg B
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Default Glut of unsold new homes across US hits record high

http://www.breitbart.com/news/2006/0....phgh289u.html

Yay! If I save up my money right I can scoop up these new fangled homes on the down low!

Leave it to greed and overspeculation to open up a new road to wealth.
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Old 07-27-2006   #2
softball
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Default Re: Glut of unsold new homes across US hits record high

Quote:
Originally Posted by Greg B
http://www.breitbart.com/news/2006/0....phgh289u.html

Yay! If I save up my money right I can scoop up these new fangled homes on the down low!

Leave it to greed and overspeculation to open up a new road to wealth.
Its easy......buy low, sell high. Where I live, it seems to be buy high and sell higher. I just bought a nice fixer upper apartment for....well you don't wanna know.
Well nick@ilynx might, but he can't afford the neighbourhood so I won't tell him.
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Old 07-28-2006   #3
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Default Re: Glut of unsold new homes across US hits record high

Quote:
Originally Posted by rhetorical
Its easy......buy low, sell high. Where I live, it seems to be buy high and sell higher. I just bought a nice fixer upper apartment for....well you don't wanna know.
Well nick@ilynx might, but he can't afford the neighbourhood so I won't tell him.
I know, I know! We just sold all our houses a few years ago. Patriarch of the family change thingie. Now I have to start all over and I'm surprised to find such bargains all over.

The best thing to put in a house besides quality craftsmanship and care are good people.

So many houses go down because of divorce or loss of job or illness. You won't fall off if you plan right.

This time however I wanted to buy massive land like a thousand acres or more. Just as a get away from it all sort of thing.
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Old 07-28-2006   #4
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Default Re: Glut of unsold new homes across US hits record high

Quote:
Originally Posted by Greg B
I know, I know! We just sold all our houses a few years ago. Patriarch of the family change thingie. Now I have to start all over and I'm surprised to find such bargains all over.

The best thing to put in a house besides quality craftsmanship and care are good people.

So many houses go down because of divorce or loss of job or illness. You won't fall off if you plan right.

This time however I wanted to buy massive land like a thousand acres or more. Just as a get away from it all sort of thing.
Massive land is cheap
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Old 07-28-2006   #5
MaskTVMaura
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Default Re: Glut of unsold new homes across US hits record high

I'd love to buy a house... maybe in the next few years or so.
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Old 07-29-2006   #6
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Default Re: Glut of unsold new homes across US hits record high

Quote:
Originally Posted by MaskTVMaura
I'd love to buy a house... maybe in the next few years or so.
Move to Florida.
I hear tell you can buy ne and just make payments on the interest.
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Old 07-29-2006   #7
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Default Re: Glut of unsold new homes across US hits record high

Quote:
Originally Posted by rhetorical
Massive land is cheap
Besides being a school principal my dad had his own construction company. Taught me how to build houses. I even did the architectural sketches for our first built house.

If you can build do so.
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Old 07-29-2006   #8
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Default Re: Glut of unsold new homes across US hits record high

There is no such thing as a bad time to buy real estate. Only bad deals.
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