Interactive Map of condo market down town lauderdale

[V. Barbarino]

read here

Pretty cool, except for the fact broward blvd will be grid locked 24 hours a day...

5000 new condos in all...

[swirlundergrounder]

I would like to see an interactive map of the 78,000 new condo's being built in Dade County by the year 2008...

[xmuzik]

from what i understand the price of real estate in florida for people that already have a mortgage is brutal .... ie. they are now getting fucked because most of what they own is worth less than what they paid for it


however if you are a newbie in the market it is a good time to get in because prices are lowering and making it to the point where if you play your cards and investments right your crib will be profitable in the long run.....

meaning , don't live outside of your means , pay your shit off with the quickness, and damn sure don't think your a baller if your not

[pod]

I'd like to see a map of people leaving South Florida after they realise their condos are nothing more than glorified fucking apartments.

Christ, If I'm gonna spend half a mill on something, it's gonna have plenty of open space (for security) and I better be able to do whatever the fuck I want with it.

I build a 20' dish on the property. I paid for it, my fucking perogative.

I wanna host Pod's Lesbian Porn Bash 2K7? So let it be said, so let it be done.

I wanna host a demolition derby? I paid for the land, let's have at it.

A condo is just another form of rent.

Buying a condo is flushing your money down the the toilet. Stunads. The only thing I'm flipping is my middle finger towards condo developers. Smart people with a sense of independence buy land, not a fucking apartment with a mortgage.

Yeah...let's be stacked 20 deep with a bunch of busybodies.

Fuck that.

[slamminshaun]

Originally Posted by xmuzik

however if you are a newbie in the market it is a good time to get in because prices are lowering and making it to the point where if you play your cards and investments right your crib will be profitable in the long run.....

I disagree, here's why. If the prices are lowering as you say, that means things haven't bottomed out. For a newbie in the market with little or no down payment, prices lowering means they'll instantly be upside down in the home. Newbies should wait until they get every confirmation that the market has completely bottomed out and is back on an upswing....newbies should never buy when prices are going down, regardless of what deal you might think you're getting.

[swirlundergrounder]

Originally Posted by Slammin'

[quote author=xmuzik link=board=6;threadid=34121;start=0#msg390201 date=1163841693]

however if you are a newbie in the market it is a good time to get in because prices are lowering and making it to the point where if you play your cards and investments right your crib will be profitable in the long run.....

I disagree, here's why. If the prices are lowering as you say, that means things haven't bottomed out. For a newbie in the market with little or no down payment, prices lowering means they'll instantly be upside down in the home. Newbies should wait until they get every confirmation that the market has completely bottomed out and is back on an upswing....newbies should never buy when prices are going down, regardless of what deal you might think you're getting.
[/quote]Around where I live, nothing is selling right now. I sometimes feel as if I'm the only one who bought a house in the Hollywood Hills area within the last 6 months. Properties that have been on the market here for a while are now up for rent. And I live in decent and safe neighborhood. I think people are just scared to buy right now.