Glut of unsold new homes across US hits record high

[Greg B]

Originally Posted by rhetorical

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

Right on!

If a person just stashes away $50k and knows what they're doing they can purchase enough real estate to choke Godzilla.

It's about smarts, elbow grease, location and most of all putting 'good' people in the house.

[softball]

Originally Posted by Greg B

Right on!

If a person just stashes away $50k and knows what they're doing they can purchase enough real estate to choke Godzilla.

It's about smarts, elbow grease, location and most of all putting 'good' people in the house.

That would be hard in Vancouver at the moment. But certainly not impossible if you invested sweat equity.

[Peaches]

I'm buying land now. Where I live there are resort areas people are retiring to (I live in one) and if FL has another big hurricane season, prices are going to go crazy

There's a lot on a creek in one of the developments, .75 acres, $300K. That's literally unheard of here. I've been buying lots under $10K but they've tripled and quadrupled in value in just a couple of years.