Real Estate Market. Thoughts?

[Great-Kazoo]

Been looking at Broomfield, Thornton, some parts of Brighton, Westminster, Arvada, Southern Aurora, Centennial.

I work in Lowry and the drive from Broomfield to Lowry sucks. But at same time, need to get into something.

Too bad Lowry's a drive from up here. I know a nice place that's coming up.

[Firehaus]

Article on the Denver economy and future issues it might have.

http://www.bizjournals.com/denver/bl...t.html?ana=lnk


Sent from my iPhone

[Madeinhb]

Too bad Lowry's a drive from up here. I know a nice place that's coming up.

Haha oh ya? Yours? Lol

[MrPrena]

I've seen CO real estate since 1997.
It has a lead relative to other states. I think our housings were actually as expensive as Los Angeles around 1999. CO market is somewhat kinda like leading indicator. As said, Chicago and suburb is still suffering from the short sales and foreclosures.

Next housing bubble might be from CA. There are too many multiple home owners who paid cash , and they are speculating. Lots of them are foreigners.

[Great-Kazoo]

Haha oh ya? Yours? Lol

Yes. it's worth the drive

I've seen CO real estate since 1997.
It has a lead relative to other states. I think our housings were actually as expensive as Los Angeles around 1999. CO market is somewhat kinda like leading indicator. As said, Chicago and suburb is still suffering from the short sales and foreclosures.

Next housing bubble might be from CA. There are too many multiple home owners who paid cash , and they are speculating. Lots of them are foreigners.

CA Real Estate is in the crapper at this time. Those $250 - 300K + homes, $175 - 225 now This is based on actual sales from Jan 2015 while we were browsing the market.
One can purchase a 10ac lot / home for $200 ~.. UNFORTUNATELY CA is not NFA friendly, or we'd be gone.

[Madeinhb]

Yes. it's worth the drive

Haha depends on where and price.

[HoneyBadger]

Yes. it's worth the drive



CA Real Estate is in the crapper at this time. Those $250 - 300K + homes, $175 - 225 now This is based on actual sales from Jan 2015 while we were browsing the market.
One can purchase a 10ac lot / home for $200 ~.. UNFORTUNATELY CA is not NFA friendly, or we'd be gone.

I just looked at a house there that sold for $585k in 2005 and then sold/shorted for $261k in 2012. It's listed for $310k right now. If CA is going to "bubble", I think it is just starting and won't pop for several years. In fact, I'm betting a lot of money on it.

[MrPrena]

Yes. it's worth the drive



CA Real Estate is in the crapper at this time. Those $250 - 300K + homes, $175 - 225 now This is based on actual sales from Jan 2015 while we were browsing the market.
One can purchase a 10ac lot / home for $200 ~.. UNFORTUNATELY CA is not NFA friendly, or we'd be gone.

I just looked at a house there that sold for $585k in 2005 and then sold/shorted for $261k in 2012. It's listed for $310k right now. If CA is going to "bubble", I think it is just starting and won't pop for several years. In fact, I'm betting a lot of money on it.

yes.
Los Angeles and other 3 surrounding counties tend to catch up after CO. SF and bay areas are little different.

[HoneyBadger]

yes.
Los Angeles and other 3 surrounding counties tend to catch up after CO. SF and bay areas are little different.

I'll be right in between LA and SF.

Just the thought of all those Californians just makes me want to

[Great-Kazoo]

I'll be right in between LA and SF.

Just the thought of all those Californians just makes me want to

You mad Bro ?

Could be worse. You could be in the bay area. There rent / housing has 5 digits.