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To: John123

Long-term money...big money...can be made in real estate during market downturns, provided you have liquidity to invest. Now’s a great time to get a good deal on your next house, provided you can afford to wait for a market upswing to sell your old one.


24 posted on 08/10/2007 8:36:54 AM PDT by Oberon (What does it take to make government shrink?)
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To: Oberon
Long-term money...big money...can be made in real estate during market downturns, provided you have liquidity to invest. Now’s a great time to get a good deal on your next house, provided you can afford to wait for a market upswing to sell your old one.

That depends where you are located. I know the prices are "sticky" in Florida. Real Estate still has a way to go down in the overheated markets.

BTW, did you know they are still building 20,000 condos in Miami? Unbelievable!!!

34 posted on 08/10/2007 12:33:13 PM PDT by John123 ("What good fortune for the governments that the people do not think" -- Adolf Hitler)
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