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Real Estate
Reply to "If you bought 2005-2007 and got hit, tell me your story, location and age"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Bought in 2005 with the expectation of flipping the home and moving out of DC in 2 years. Couldn’t sell until 2015 and we didn’t even break even. Bought for 360. Put 35k into the home and sold for 365k. [b]I will never buy at the height of a market again[/b]. [/quote] Good luck with that since you don't know it's the height of the market, until it's not. The market can turn at any time, no one knows. [/quote] It feels like the height right now, I remember things shooting up one last time in 2006 and early 07 and then crashing down[/quote]
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