Stick Your Neck Out and Predict

[Bobby J]

Say when... People say they will come for a ride but they just do not show up

 

[BMBWalker]

Prediction: July 13, 2008

 

[Pirate]

Fall 07 to Winter (Feb) 08.

 

[Indigo Jill]

Considering the figures I just read in the article linked here:
http://news.yahoo.com/s/ap/20061102/ap_on_bi_go_ec_fi/economy_21

I say not at least until 2008 - and pray for another mild hurricane season.

 

[flyforfun]

Since I have been know to stick things on occasion. I think we are at or near the bottom of the slide. If you look at a 20 year history of property values along 30-A, conservatory most double in value around 5 years. So if you look at 2001 property sales and double them, that is about what properties are selling at the present time. I think you will see the market values begin to climb 2nd-3rd quarter 2007. However what people should be worrying about is this mid term election. Should the Republicans loose both the House and Senate, with huge deficit spending and a need to increase revenue via taxes, we could be facing a repeat of what happened in 1991 that devastated the real estate market across the country. In fact, Sandestin even went bankrupt during that period! I suspect modification of 1031's, a increase of capital gains tax from 15% to 30% and a reversal on other tax incentives that have made others to look more favorably to real estate as an investment. Then again, what do I know....I am friends with Bobby J

 

[InletBchDweller]

flyforfun!!!!!

 

[rapunzel]

Since I have been know to stick things on occasion. I think we are at or near the bottom of the slide. If you look at a 20 year history of property values along 30-A, conservatory most double in value around 5 years. So if you look at 2001 property sales and double them, that is about what properties are selling at the present time. I think you will see the market values begin to climb 2nd-3rd quarter 2007. However what people should be worrying about is this mid term election. Should the Republicans loose both the House and Senate, with huge deficit spending and a need to increase revenue via taxes, we could be facing a repeat of what happened in 1991 that devastated the real estate market across the country. In fact, Sandestin even went bankrupt during that period! I suspect modification of 1031's, a increase of capital gains tax from 15% to 30% and a reversal on other tax incentives that have made others to look more favorably to real estate as an investment. Then again, what do I know....I am friends with Bobby J

So let me see if I understand...if the mid-terms go the Democrat's way, the Real estate market here is screwed? Ergo, if you have a vested interest in this market here you better go vote Republican next Tuesday.

Just out of curiosity, what happened to housing prices here between 1992 and 2000?

 

[rapunzel]

Since I have been know to stick things on occasion. I think we are at or near the bottom of the slide. If you look at a 20 year history of property values along 30-A, conservatory most double in value around 5 years. So if you look at 2001 property sales and double them, that is about what properties are selling at the present time. I think you will see the market values begin to climb 2nd-3rd quarter 2007. However what people should be worrying about is this mid term election. Should the Republicans loose both the House and Senate, with huge deficit spending and a need to increase revenue via taxes, we could be facing a repeat of what happened in 1991 that devastated the real estate market across the country. In fact, Sandestin even went bankrupt during that period! I suspect modification of 1031's, a increase of capital gains tax from 15% to 30% and a reversal on other tax incentives that have made others to look more favorably to real estate as an investment. Then again, what do I know....I am friends with Bobby J

Yes, a Congress that ran up a huge deficit would be horrible for the economy. Thank god for the Republicans.

 

[Bobby J]

Since I have been know to stick things on occasion. I think we are at or near the bottom of the slide. If you look at a 20 year history of property values along 30-A, conservatory most double in value around 5 years. So if you look at 2001 property sales and double them, that is about what properties are selling at the present time. I think you will see the market values begin to climb 2nd-3rd quarter 2007. However what people should be worrying about is this mid term election. Should the Republicans loose both the House and Senate, with huge deficit spending and a need to increase revenue via taxes, we could be facing a repeat of what happened in 1991 that devastated the real estate market across the country. In fact, Sandestin even went bankrupt during that period! I suspect modification of 1031's, a increase of capital gains tax from 15% to 30% and a reversal on other tax incentives that have made others to look more favorably to real estate as an investment. Then again, what do I know....I am friends with Bobby J

I have friends????:roll:

 

[Babyblue]

www.fishkind.com. go to the fund index to find the answears.