Reply to Mt Prospect in North Potomac

Forum Index » Real Estate

Reply to "Mt Prospect in North Potomac"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I have a feeling a housing bubble burst is coming soon; that's why Toll Brothers is trying to sell these lots so fast plus, they priced up 20k on windmills which is annoying. Trust me, they know whats up.[/quote]

I am into real estate and am an economist, and I can assure you a bubble burst is coming.

Politically, people are trying to assure you that it's not happening, but it is going to happen very, very soon (when you search up "Is a housing bubble burst coming" everyone seems convinced it is not).

They are releasing lots like crazy to lock in crazy buyers at higher prices before the burst comes. When it does, the people buying windmills at 2.2-2.8 million, yup your homes will probably only be with 1.5-2 million tops after. People buying like crazy before a recession is so fun to watch. I want to buy a home in the 2-3 million range but will wait for the recession so I can buy something in resale a little more extravagant, perhaps in Arden virginia (where homes are currently going for 3-4 million)[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics