or was that it -flat line-new buyers are sol?
2006-09-08 19:02:47 · 10 answers · asked by vegassman 2 in Business & Finance ➔ Renting & Real Estate
Someday. -But none of them soon. Roiling clouds of Uncertainty loom across the economic horizon over the next few years...And the housing market will probably remain decidedly depressed- until after the next General Election sweeps away the cobwebs & starts the country down a new path.
2006-09-08 19:15:01 · answer #1 · answered by Joseph, II 7 · 0⤊ 0⤋
booms happen every 12-16 years so in about 8 years we should have a big run up. We should expect to see 4 bad years followed by 4 flat years then the run up, then rinse and repeat
2006-09-08 20:21:41 · answer #2 · answered by ken 3 · 0⤊ 0⤋
At some point in the future it will. If you were to look at a graph of the housing market since it was tracked in the 1890s, it shows dips and rises. A predictor of future events is the past. So the short answer is it will go up at some point in the future.
2006-09-08 19:18:50 · answer #3 · answered by Finance Pro 2 · 0⤊ 0⤋
This is the fifth cycle in the southern California housing market that I can remember, and I'm in my mid forties.
It booms, it tanks, it booms, it tanks. But each cycle goes higher. So yes, it'll grow like it did again, but we've got the tanking to get through, and people are more leveraged and over-extended now than any of the past peaks. It's going to get UGLY first.
2006-09-09 04:53:45 · answer #4 · answered by Searchlight Crusade 5 · 0⤊ 0⤋
It seems every move affects the universe. The market has to finish cooling first, but people will always need a place to live no matter what. The population continues to rapidly grow. Buy wisely and hold.
2006-09-12 00:00:18 · answer #5 · answered by Barbwired 7 · 0⤊ 0⤋
I think so. "Booms" happen every so often, and it generally happens with the rise of inflation. However, in California and Florida there were extreem "Booms" and will suffer when there is a price adjustment. The good thing is that time heals all wounds. But to answer your question, not for another 15-20 years.
2006-09-08 19:16:52 · answer #6 · answered by Manny Fresh 2 · 0⤊ 0⤋
did you ever stop to think that the big shoot up is a bubble?? this is how you can shoot up the market is the same way to make a bubble. find out how it was made.
http://www.breakingbubble.com/index.htm
2006-09-09 08:44:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋
History always repeats itself, either downturn or uptrend.
2006-09-09 00:41:12 · answer #8 · answered by Price is what you pay for value. 3 · 0⤊ 0⤋
not for quite some time
2006-09-09 07:46:04 · answer #9 · answered by Stephen Newman 2 · 0⤊ 0⤋
it all runs in bio-rithym waves.
2006-09-08 20:51:05 · answer #10 · answered by Kathy O 3 · 0⤊ 0⤋