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157 - Analyzing the Current Market
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When? This feed was archived on June 06, 2024 13:12 (). Last successful fetch was on February 29, 2024 18:18 ()
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Manage episode 244223343 series 1456926
Having lived through a market where houses in my area of Florida lost as much as 40% to 50% of their peak value after everyone had been enjoying huge price increases on a continual daily basis.
In 2007 and 2008 and early 2009 full price offers were being made and sellers were turning down those offers because they knew someone would come along soon and offer them more.
Then came the fateful day when the bottom of the real estate market dropped out and property values plummeted. Many investors who bought houses at the peak of the market when values were high experienced financial devastation.
So, what’s the answer to not getting caught up in a situation like we experienced in 2009? Listen to Todays podcast.
224 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on June 06, 2024 13:12 (). Last successful fetch was on February 29, 2024 18:18 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 244223343 series 1456926
Having lived through a market where houses in my area of Florida lost as much as 40% to 50% of their peak value after everyone had been enjoying huge price increases on a continual daily basis.
In 2007 and 2008 and early 2009 full price offers were being made and sellers were turning down those offers because they knew someone would come along soon and offer them more.
Then came the fateful day when the bottom of the real estate market dropped out and property values plummeted. Many investors who bought houses at the peak of the market when values were high experienced financial devastation.
So, what’s the answer to not getting caught up in a situation like we experienced in 2009? Listen to Todays podcast.
224 episodes
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