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Default Undervalued real estate markets

On Mon, 20 Jul 2009 12:51:45 -0700, "Calif Bill"
wrote:


I like Florida, a lot, but for the southern latitudes of Florida, I much
prefer the Atlantic-Carib coast.


Translation: He can't afford Naples or Sarasota.

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Default Undervalued real estate markets

Wayne.B wrote:
On Mon, 20 Jul 2009 12:51:45 -0700, "Calif Bill"
wrote:

I like Florida, a lot, but for the southern latitudes of Florida, I much
prefer the Atlantic-Carib coast.


Translation: He can't afford Naples or Sarasota.



No translation needed. I prefer the east coast of Florida. So do you,
apparently, since you invariably are cruising to it or along it or from
it. I don't read much here about your extended voyages to Panacea,
Florida; Texas; Mississippi, or Cancun.

I am talking about the parts of Florida I like to visit, not live.
Orlando and south are too hot for my taste, no matter what side of the
state you are on. I prefer northern Florida for living...a bit more
moderate, climate wise, some seasonality, some decent flora, and a
couple of hills here and there. Living on a rat-filled manmade
canal...well, if I wanted that, I'd move to Venice, Italy.

--
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Default Undervalued real estate markets

Calif Bill wrote:
"H the K" wrote in message
m...
America's 10 Best Undervalued Places to Live: (Percent of undervaluation,
according to IHS Global Insight.)

1. Las Vegas: 41 percent

2. Houston: 37 percent

3. Naples, Fla.: 33 percent

4. Oklahoma City: 29 percent

5. Sarasota, Fla. 28 percent

6. San Francisco: 25 percent

7. Atlanta: 24 percent

8. Omaha: 23 percent

9. College Station-Bryan, Texas: 21 percent

10. San Diego: 21 percent




1. Please. Why would anyone want to live in Las Vegas?

2. Houston. Bad air, bad water, bad schools, lots of flying lead.

3. Naples. Too hot, too many geezers.

4. Oklahoma City. Ever been to Oklahoma? It sucks.

5. Sarasota. Too hot. Geezerville.

6. San Francisco. Sure, but even undervalued, it is still too expensive.
Great city.

7. Atlanta. See Oklahoma.

8. Omaha. Ever been there? See Oklahoma.

9. College-Station. Texas. I wouldn't want to be a long, tall Texan.

10.San Diego. I like it. Almost like it as much as SF, but for different
reasons.


I like Florida, a lot, but for the southern latitudes of Florida, I much
prefer the Atlantic-Carib coast.



--
A wise Latina makes better decisions than a dumb elephant. To bad we can
not appoint a wise one to the SCOTUS.


Undervalued? Maybe more in line with what housing should cost.


The value of an item is established by what someone will pay you for it
now. What you believe its worth is, is just fantasy.
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Default Undervalued real estate markets


"Calif Bill" wrote in message
m...

Undervalued? Maybe more in line with what housing should cost.


Leaves more money for a boat!

But seriously, it at least takes out the pumped up land prices. My guess is
that it will stay this way for some time. Oh, some areas will bounce back,
but others will fall further.


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Default Undervalued real estate markets


wrote in message
...
On Mon, 20 Jul 2009 17:57:44 -0600, "Canuck57"
wrote:


"Calif Bill" wrote in message
news:_LudnWJ9qPVWV_nXnZ2dnUVZ_gSdnZ2d@earthlink. com...

Undervalued? Maybe more in line with what housing should cost.


Leaves more money for a boat!

But seriously, it at least takes out the pumped up land prices. My guess
is
that it will stay this way for some time. Oh, some areas will bounce
back,
but others will fall further.



It is interesting how it shook out here (Naples Ft Myers). If you are
in an established neighborhood the prices reset to 2003-2004. but
sales are slow. People who can accept that can sell their house.
Waterfront is still pretty valuable as long as the 2006 peak didn't
confuse you.
If you are in a new neighborhood that was built out in the boonies,
even if it is gated, golf course, mini mansions you are in free fall.
Those are the ones where people just walked away and the country club
folded. (something like a third of all gated communities).
The funny thing is $80,000 trailer price never changed much through
the whole roller coaster ride. There is an "adult" park up river from
me with water access and they are still getting $70-80k for a 25-40
Y/O trailer.
You can get a 4 bedroom, 3 bath, pool/spa, never lived in home, in
Lehigh or the Cape for that. ... as long as gang tags on the garage
door don't bother you.


Sounds like a good deal, as long as you can own a rifle or handgun for when
the gang comes by for the TV or the car.




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Default Undervalued real estate markets


"H the K" wrote in message
m...
America's 10 Best Undervalued Places to Live: (Percent of undervaluation,
according to IHS Global Insight.)

1. Las Vegas: 41 percent


Can you get a decent job?

2. Houston: 37 percent


Can you get a decent job?

3. Naples, Fla.: 33 percent


Can you get a decent job?

4. Oklahoma City: 29 percent


Can you get a decent job?

5. Sarasota, Fla. 28 percent


Can you get a decent job?

6. San Francisco: 25 percent


Can you get a decent job?

7. Atlanta: 24 percent


Can you get a decent job?

8. Omaha: 23 percent


Can you get a decent job?

9. College Station-Bryan, Texas: 21 percent


Can you get a decent job?

10. San Diego: 21 percent


Can you get a decent job?

A house isn't worth a dime unless you can afford the home, utilties,
property taxes, crap taxes and the like. And of course clean water.

But if the US sends me a green card, I see 2 or 3 places I would move to.


1. Please. Why would anyone want to live in Las Vegas?

2. Houston. Bad air, bad water, bad schools, lots of flying lead.

3. Naples. Too hot, too many geezers.

4. Oklahoma City. Ever been to Oklahoma? It sucks.

5. Sarasota. Too hot. Geezerville.

6. San Francisco. Sure, but even undervalued, it is still too expensive.
Great city.

7. Atlanta. See Oklahoma.

8. Omaha. Ever been there? See Oklahoma.

9. College-Station. Texas. I wouldn't want to be a long, tall Texan.

10.San Diego. I like it. Almost like it as much as SF, but for different
reasons.


I like Florida, a lot, but for the southern latitudes of Florida, I much
prefer the Atlantic-Carib coast.



--
A wise Latina makes better decisions than a dumb elephant.



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