Talk about return on investment!

[Vmass]

Here's how I see it. If you where to have sold your home in 2007 just before the bubble burst and sat on the cash you could have bought several more properties a couple of years later.

Too many variables for the little guy to be succesful in timing the market. Slow, steady and methodiclly wins the race.

[LAB3]

Too many variables for the little guy to be succesful in timing the market. Slow, steady and methodiclly wins the race.

It really helps to cultivate relationships with diverse groups of people.

"Beware of artists, for they mix with all levels of society and are therefore the most dangerous"

[Vmass]

It really helps to cultivate relationships with diverse groups of people.

"Beware of artists, for they mix with all levels of society and are therefore the most dangerous"

It sure does! My family alone is quite diverse.........not always the most pleasing thing to deal with, but it keeps things in perspective.

[LAB3]

It sure does! My family alone is quite diverse.........not always the most pleasing thing to deal with, but it keeps things in perspective.

Luckily I have a daughter with the daughter of a big-shot economist, he's gone now but knowing what part of the "noise" to pay attention to and not pay attention to is invaluable!

[Burque73]

My Son who lives in Orlando bought his house 11 years ago during the great housing bubble bust for 70,000 on a short sale. He currently has a firm cash offer of $255,000. He hasn't pulled the trigger yet but that is going to be hard to pass on.............

That's awesome!

We, unfortunately, bought our house in 2007 just before the bubble burst. Paid $189k for it. It appraised yesterday at $253k. Not nearly the dramatic difference your son had, but we're still thankful for the appreciation. We're refinancing and taking some cash out to get some much needed repairs done. Our priorities are the roof and windows, maybe stucco and landscaping. I can do everything but the roof so we'll save some coin there. Hopefully, if funds allow, I'll get a new bike too. One with pedals...