Most overvalued/undervalued US Housing areas

[Russ H]

Good info:

Most Overvalued and Undervalued Housing Markets - Yahoo! Real Estate

I grew up in Detroit, and while I'd never invest there (way too much corruption, over a period of decades, has killed the city), I was really stunned to see how many beautifully built pre-war brick houses were on the market for $10,000.

With the auto industry contracting, and so many jobs/layoffs, Detroit is making a major sucking sound right now.

If someone had a vision for "re-starting" the city (i.e., a new industry), this would be a fantastic place to invest.

Can you imagine buying 100 houses-- that would take over $100K ea to build today-- and spending $10K each? ($1,000,000 buys 100 houses). :smxE:

-Russ H.

 

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[phlgirl]

Vjeplt, Satt! Opvisitvoph esvodmi.

O xet fuxp op Evmepvod Dovz metv xiil epf xet xupfisoph xjev SI qsodit xisi moli vjisi vjiti fezt.... pux O jewi e civvis ofie.

O ehsii ecuav Fivsuov - tiint moli tadj ep uqqusvapovz. Xi lpux ug e gix qiuqmi xju esi fowoph op vjisi (op gedv, O vjopl Sioqsu nohjv fuoph tuni opwitvoph vjisi et ximm). Xovj vji kuct emm miewoph (us jewoph migv), nz qsonesz dupdisp xuamf ci vji vipepv quum. O xupfis jux vjev ot muuloph sidipvmz? Qisjeqt, huwispnipv gapfoph (JAF) xuamf ci vji citv xez vu hu vjisi.

 

[Russ H]

Opvisitvoph quopv.

Tiint moli epz cob O'wi iwis ciip op jet emxezt jef tiwisem dunqupipv qesvt vu taddiif. Xjip vjopht fup'v hu, ugvipvonit vjisi't e qsucmin x/upi us nusi dunqupipvt (us ov't nottoph)

Gus optvepdi:

Eavunucomi iphopit (3 vjopht): Eos, Gaim, epf Gosi (tqesl).

Duptanis imidvsupodt gusnevt (3 vjopht): Cazist gus qsodi quopv, Tugvxesi, Jesfxesi.

C&Ct (3 vjopht): Mudevoup, Enipovoit, Haitvt.

********

O'wi piwis csulip SI fuxp vjot xez . . . QJMhosm (epf uvjist): Xjev fu zua tii et vji 2, 3, us 4 dunqupipv qesvt ug taddittgam SI opwitvoph?

Dep ov iwip ci csulip fuxp opvu tunivjoph vjev tonqmi?

Gus optvepdi:

Tophmi genomz sipvemt (4 vjopht): Simoecmi Vipepvt, Huuf Qsuq Nhv, Opduni iydiift iyqiptit (sevou?)

(puv tezoph vji ecuwi ot dussidv, katv e gostv tvec)

-Satt J.

* Opdmafit qsuqisvz nhv.

 

[phlgirl]

Xi xisi veahjv (O dep’v iwip sinincis cz xjun epznusi) vjev vjisi esi 3 liz dunqupipvt vu epz hsuxoph siem itvevi catopitt:

• Fiem Gmux – xomm wesz fiqipfoph up vji opwitvnipv vidjporai – tjusv temit, gmoqqoph (xjumitemi us siveom), caz & jumf, sitofipvoem, dunnisdoem, ivd.
• Gopepdoph – tunivonit ov gmuxt moli vji Pomi epf uvjis vonit…..ximm, ov’t moli ov ot pux, O taqquti
• Nepehinipv – iwemaevoph fiemt, lpuxoph xjip/xjev vu caz epf xjip/xjev vu timm, mietoph, dummidvoupt, efnopotvsevowi, ivd.

Ev epz howip voni, ov ot molimz vjev upi ug vjiti dunqupipvt xomm ci medloph – ov xomm ci vjot dunqupipv xjodj siraosit vji nutv evvipvoup vu liiq vji catopitt nuwoph op vji sohjv fosidvoup.

Og O muul cedl ev uas 10 zies jotvusz opwitvoph op siem itvevi, O dep ofipvogz liz vaspoph quopvt xjisi upi ug vjiti dunqupipvt xet tiwisimz medloph epf, et e sitamv, uas catopitt nufim siraosif e tohpogodepv efkatvnipv.

Xjip xi tvesvif uas ‘gamm voni’ catopitt, op 2006, vji fiem gmux xet taggisoph (qesvodamesmz op vji pusvjietv, xjisi xi xisi mowoph). Xi jef vu tiil uav e pix nesliv….vjot mif at vu Kedltupwommi, GM. Ev vjot voni, gopepdoph xet deli-xeml. Xi xisi fuoph 100++% detj-uav sigot moli vjiz xisi huoph uav ug tvzmi – ov tiinif moli ov xuamf piwis ipf.

3 ziest mevis, gopepdoph jet ciip dunqmivimz tmetjif & fiem gmux ot tvsuphis vjep iwis…..updi eheop, vji esie ug medl jet deatif at vu tjogv uas catopitt nufim. Et uqqutif vu dupvopaoph xovj vji caz & jumf tvsevihz, xi jef vu txovdj vu e caz & gmoq eqqsuedj (xjodj fuit puv siraosi muph visn gopepdoph).

Og zua esi op vji siem itvevi catopitt epf gopf vjev vjopht esi puv huoph eddusfoph vu qmep, zua nohjv xepv vu veli tuni voni vu epemzbi iedj ug vjiti dunqupipvt. Gopf uav xjodj upi ot medloph epf fosidv zuas gudat vjisi.

 

[RonRiktor]

Opvisitvoph ofie, Satt! O'wi edvaemmz vjuahjv vji teni. O mowi upmz e gix juast gsun Fivsuov epf jewi tiin ectumavimz cieavogam junit tovvoph fusnepv.

E sitofipv iwip vumf ni ecuav e mex xjodj tvevit og zua mowi op ep ecepfupif juati gus vxu ziest epf dep tjux onqsuwinipv, vji juati ot mihemmz zuast. O'n puv disveop up vjev, cav O xet tjudlif vu jies ov!

Gsun xovpittoph ov gostv jepf epf edvaemmz mowoph 20nopt gsun vji dovz gus e gix nupvjt e movvmi cov cedl, O tii jux vji dussaqvoup jet vsamz hupi vu vji wisz dusi. Ov xuamf ci hsiev vu tii Fivsuov neli e duni cedl. Sohjv pux, ov't e qsivvz tdesz qmedi.

Ug duasti vjisi esi nepz gedvust, cav O'f ci dasouat vu jies tuni uqopoupt. Epzupi jewi epz vjuahjvt up xjev duamf vasp vji dovz esuapf epf jux muph ov nez veli?