The Social Prediction Community
Tags: real estate
Bookmark and Share
Suggested Predictions
Ziibos (13)
light (*)
meanstreaks (330)
AhDrew000 (273)
trmagee (*)
Milo (90)
BrainStorm (*)
humme (34)
phunke (263)
more...
▼ advertisement
Challenge Your Friends
What is ZiiTrend?
Casual Prediction
Will you invest in US real estate market in Q2 2008?
Tony ( Score Rank: #20 based on predictions in the last 30 days ) Tony  |  closed on 15-May-2008 (151 days ago)
The senate yesterday just approved a bill that gives a temporary $7,000 tax credit to people buying new homes or properties in foreclosure.
http://www.bloggingstocks...

This sounds like a good deal for investors who are planning to buy foreclosure real estate now. Some people say Cash is king, I say Credit is king too. It is kind of hard to buy with leverage now since banks are very careful in approving loans, except to investors with the best credit rating.
ZiiValue
(chance)
Possible Outcomes
29%
71%
Predictions
Hide ▲
  • Zoom:
  • Current
  • 7d
  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
News & Video
Add News / Video 1 - 4 of 42 news / videos
0 vote This is Good This is Bad
2008-10-13
 
Oct. 13 (Bloomberg) -- German stocks rallied, send... (more)
0 vote This is Good This is Bad
2008-10-09
 
Oct. 9 (Bloomberg) -- Hypo Real Estate Holding AG ... (more)
0 vote This is Good This is Bad
2008-10-07
 
Oct. 7 (Bloomberg) -- Hypo Real Estate Holding AG ... (more)
0 vote This is Good This is Bad
2008-10-05
 
Oct. 5 (Bloomberg) -- The German government led ta... (more)
Comments (5)
Add Comment
  1. meanstreaks meanstreaks 163 days ago
    0 vote This is Good This is Bad
    My father built homes for a living. I lived through the 1970's, the gold and silver rush, the 21% interest rate on my first car, and the savings bonds that doubled in value every 7 years. I can tell you, growing up in a construction family taught me that it all starts there. Where construction goes, the economy follows. It is THE best indicator there is of good times or trouble. I can tell you, from my heart, that real estate will not return to normal until 2012. We are no where near the bottom. Commercial properties haven't started going belly up yet. That is always next on the agenda. We have far to go before we sleep.
    [ reply ]
  2. BrainStorm BrainStorm 188 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 60% ] Yes
    (more)
    I'm euro based so....
    [ reply ]
  3. goog goog 192 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 75% ] No
    (more)
    Is not that I don't wanna, but don't have the cash at this point. This is a good start for people with the cash for down payment:
    http://www.zillow.com/search/RealEsta...
    [ reply ]
  4. Raycer Raycer 192 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 83% ] Yes
    (more)
    yeap if i have cash for long term investment
    [ reply ]
  5. Tony Tony 193 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 65% ] No
    (more)
    Not in Q2. But I will keep looking.
    [ reply ]
Add a Comment
Join us to comment on this prediction.
OR
Sign in if you are already an existing member.
Copyright ©2008 ZiiTrend. All Rights Reserved. - User supplied content, unless specified, is licensed under Creative Commons Attribution 2.5.
ZiiTrend, Ziibo, ZiiValue, IPredict icon, ZiiTrend logos, graphics, designs, layout, buttons, icons, and scripts are the trademarks of ZiiTrend.
Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and may be delayed.
(Served in 0.883 seconds)