Housing Rolling Along 2

Over at CBSMarketwatch the following came up on their "newsfinder" :

FREDDIE MAC SEES 2006 REFINANCING AT 33%
CORRECT: FREDDIE MAC SEES 2005 REFINANCING AT 42%
FREDDIE MAC SEES 2005 MORTGAGE DEBT AT 13.2%
FREDDIE MAC SEES 2005 MORTGAGE ORGINATIONS OVER $2.6T
FREDDIE MAC SEES Q3 HOME VALUE APPRECIATION 10.7%
FREDDIE MAC SEES Q4 HOME VALUE APPRECIATION 7.4%
FREDDIE MAC SEES Q3 HOUSING STARTS 1.98M, Q4 1.93M
FREDDIE MAC SEES 2006 HOME SALES DOWN 7%
FREDDIE MAC SEES Q4 ARM SHARE 33%
FREDDIE MAC SEES 30-YR MORTGAGE RATE 6.3% BY '06 YR-END
FREDDIE MAC SEES 30-YR MORTGAGE RATE 6% BY Q4
FREDDIE MAC SEES Q3 CPI 2.4%, Q4 CPI 2.2%
FREDDIE MAC SEES UNEMPLOYMENT AT, NEAR 5% FOR 5 QTRS
FREDDIE MAC SEES GDP GROWTH 3.7% IN Q3, Q4

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Nothing extreme although maybe a tad too bullish. I'll tack this on for future reference: U.S. house prices soar 16.5% in Q2
No slowdown in housing market, Fannie economist says
 
All Real Estate naysayers are just disappointed that they did not buy when they had the chance and as a result loss out on 100%+ appreication. Leverage is a great thing in real estate. $5,000 down then sell at a $20,000 profit just a few months later. I normally was going to stay out of the real estate flipping game but it's ridiculously profitable.

I'm not even 25 and I could probably retire thanks to Real Estate.
 
Before you naysayers say sign of top, I've already locked in my gains.

I could care less what Real Estate does at this point. The fact is you guys missed the boat.
 
Quote from The Kin:

Before you naysayers say sign of top, I've already locked in my gains.

I could care less what Real Estate does at this point. The fact is you guys missed the boat.
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I haven't looked at this site for a while, because I felt it had just become a never ending p-ssing match, with little value ever contributed

Seems that assesment was well founded
 
Which missed boat are you referring to? The people who never owned property in the last decade or people who are not buying and selling property on leverage?

Also, why buy and sell real estate on leverage when you can buy and sell futures on leverage?

Quote from The Kin:

All Real Estate naysayers are just disappointed that they did not buy when they had the chance and as a result loss out on 100%+ appreication. Leverage is a great thing in real estate. $5,000 down then sell at a $20,000 profit just a few months later. I normally was going to stay out of the real estate flipping game but it's ridiculously profitable.

I'm not even 25 and I could probably retire thanks to Real Estate.
More...
 
Quote from Banjo:

http://www.sun-sentinel.com/busines...,0,5047628.story?coll=sfla-business-headlines
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... With such a large number of new real estate related/focused business starts in the US - and in fact worldwide - the business case for all of this churning begins to look pretty weak. Now perhaps all of the profits will be put into product development or community improvement ... but based upon past patterns the engines of commerce dont run on property transactions ..... or do they ? Perhaps we are seeing a structural shift in the flow of capital and investment .. or perhaps not ... in any case taking regular profits from your real estate investments seem like the sound course of action .....
 
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