Page 349 of 381 FirstFirst ... 344 345 346 347 348 349 350 351 352 353 354 ... LastLast
Results 8,701 to 8,725 of 9520
  1. #8701
    Join Date
    Oct 2003
    Location
    Big in Japan
    Posts
    41,761
    Quote Originally Posted by schuss View Post
    Boston's major industries are tech, biomedical and FinServ/insurance. None will be seriously impacted and prices will stay high IMO




    Yeah, but, Fenway will be closed, no Patriots, no Bruins, no Celtics, the 100 plus universities and colleges will not be back to "normal" soon, including the massive multiplier effect from that, no concerts, no restaraunts, no shopping....

    Let's do some livin'
    After, we die

  2. #8702
    Join Date
    Apr 2006
    Location
    Movin' On
    Posts
    2,416
    Kinda thinking about timing the market and selling my house now. What are the collectives thoughts?

    I own a house worth mid $600s in a desirable area of the CO front range. Houses in my neighborhood are still selling above asking price in less than two days.

    My company is kicking around the idea of allowing people in positions like mine to work remote permanently.

    There are nice single family houses in my favorite mountain town for $500k to $900k.

    I'm thinking about selling my house, moving to said mountain town and renting for the summer while looking at properties and trying to find something that I like.

    If I sold now I'd be able to comfortably put down $200k to $300k on my next house and still have more than a years living expenses saved up in cash.

    Why on earth would I stay in the CO front range?

  3. #8703
    Join Date
    Apr 2004
    Location
    Three-O-Three
    Posts
    14,229
    You asked the same question five years ago (and every year since, it seems), yet you're still here. There must be a reason keeping you from moving, whether it's subconscious or not.

  4. #8704
    Join Date
    Dec 2009
    Location
    The Mayonnaisium
    Posts
    7,406
    Quote Originally Posted by Benny Profane View Post
    Yeah, but, Fenway will be closed, no Patriots, no Bruins, no Celtics, the 100 plus universities and colleges will not be back to "normal" soon, including the massive multiplier effect from that, no concerts, no restaraunts, no shopping....
    Longer-term distance learning could make a dent. Something like 50 higher ed institutions in the area with students making up 20-25% of the city population during the school year. That's a ton of lost revenue for schools in the form of housing, meals, and parking and a ton of lost revenue for the area in unsigned off-campus apartment leases, restaurants and bars, and other general costs of living. The bigger schools also own a bunch of real estate throughout the city. Maybe that magnifies their losses in the short term but, even if it does, I doubt that lasts long for exactly the reasons schuss cited.

  5. #8705
    Join Date
    Jan 2010
    Location
    your vacation
    Posts
    2,160
    Quote Originally Posted by Kevo View Post
    Kinda thinking about timing the market and selling my house now. What are the collectives thoughts?

    I own a house worth mid $600s in a desirable area of the CO front range. Houses in my neighborhood are still selling above asking price in less than two days.

    My company is kicking around the idea of allowing people in positions like mine to work remote permanently.

    There are nice single family houses in my favorite mountain town for $500k to $900k.

    I'm thinking about selling my house, moving to said mountain town and renting for the summer while looking at properties and trying to find something that I like.

    If I sold now I'd be able to comfortably put down $200k to $300k on my next house and still have more than a years living expenses saved up in cash.

    Why on earth would I stay in the CO front range?
    sounds like a dream you should do it cause dreams come true
    I wouldn't sell, keep your house
    go move to your boss mountain town rent realize that it sucks donkey balls after one year and move back to the front range
    seriously
    I want to leave so bad and move somewhere else, well this has been going on for almost 25 years now, but
    I'd be stupid to sell my house and move
    cause I know I'd regret it six months later and want to move back
    my house is more than double what I paid for it, it'd be dumb to cash out all that equity now it's only going to keep going up

  6. #8706
    Join Date
    Feb 2009
    Location
    On Vacation for the Duration
    Posts
    12,432
    I donno. Rent for a year sounds like a plan. What I did.
    A few people feel the rain. Most people just get wet.

  7. #8707
    Join Date
    Dec 2009
    Location
    ECO
    Posts
    4,710
    Question for the RE mags: If one had approx 150 acres in deserty land east of Baker, OR, where would be the best place to go to as far as selling? Borders BLM, but trying to see if some kind of sale or swap with them my be more hassle than its worth. My simple brain only comes up with some RE person in Baker, but maybe something I am overlooking. Want to sell and roll into property I would actually use.

  8. #8708
    Join Date
    Dec 2007
    Location
    Denver
    Posts
    2,307

    Real Estate Crash thread

    Quote Originally Posted by wolfelot View Post
    How many Fraser, CO area condos with 2-3 on the lower end of the market are going to come onto the market with some level of stress and the owners wanting out?

    For example, a Front Range household with two good jobs, a mortgage in town, kids, and a condo in WP/Fraser/Granby that needed to get rented on AirBND at least 1/4-1/3 of the time to really work without sweating it. That scenario was working the past few years for them.

    However, now they are potentially a household with that condo not being rented at all for at least the next few months and then very slow rentals for quite awhile after that, and at least one of those good jobs is now totally gone or under major layoff threat.

    Is this general scenario at all likely to play out and will prices go down and inventory up in the below $450k market.

    Asking my own question again from about a month ago with a few light edits. I Didn’t get any comments. Any thoughts?

  9. #8709
    Quote Originally Posted by wolfelot View Post
    Asking my own question again from about a month ago with a few light edits. I Didn’t get any comments. Any thoughts?
    Deals will come but RE markets take time (years) to turn and change materially. Last cycle was around 4-6 years peak to trough. Denver peaked in 2019 from what I've seen, so look for Fraser real estate alchemists to start puking up assets through fall and into 2023-2025. It will take time, particularly with the national attitude of "excess leverage is nobody's fault."

    Also, people that think RE nationally or regionally will hold up in the coming years are fucking retarded.

  10. #8710
    Join Date
    Nov 2005
    Location
    Making the Bowl Great Again
    Posts
    12,326
    Quote Originally Posted by SkiBall View Post
    Question for the RE mags: If one had approx 150 acres in deserty land east of Baker, OR, where would be the best place to go to as far as selling? Borders BLM, but trying to see if some kind of sale or swap with them my be more hassle than its worth. My simple brain only comes up with some RE person in Baker, but maybe something I am overlooking. Want to sell and roll into property I would actually use.
    Talking to a local realtor about what it's worth /might actually sell for would be a good step and won't cost anything.

    Thinking you are going to swap with the federal government...who are you, Tim Blixseth, Jr.?

  11. #8711
    Join Date
    Jan 2010
    Location
    your vacation
    Posts
    2,160
    Quote Originally Posted by the propagandist formerly monikered brostoyevski View Post
    Deals will come but RE markets take time (years) to turn and change materially. Last cycle was around 4-6 years peak to trough. Denver peaked in 2019 from what I've seen, so look for Fraser real estate alchemists to start puking up assets through fall and into 2023-2025. It will take time, particularly with the national attitude of "excess leverage is nobody's fault."

    Also, people that think RE nationally or regionally will hold up in the coming years are fucking retarded.
    dude
    are you smoking what I'm smoking? it aint' going anywhere
    mtn town real estate will be just fine
    plenty of people ready to buy from all those people who bought and couldn't afford
    lots of holes ready to go in the ground as soon as the snow starts melting in the next couple weeks

  12. #8712
    Join Date
    Dec 2009
    Location
    ECO
    Posts
    4,710
    Quote Originally Posted by RootSkier View Post
    Talking to a local realtor about what it's worth /might actually sell for would be a good step and won't cost anything.

    Thinking you are going to swap with the federal government...who are you, Tim Blixseth, Jr.?
    There is some BLM border land in the area I want that I would trade 150 for 1. Heard it might be a long shot option, but doubtful.
    Might be a long sale to find the right buyer, but overall a low cost so who knows. There is a neighbor rancher that would be the best bet but supposedly he is kind of a dick.

    Or are you saying turn it into an oasis for the rich and famous? I hadn't considered it. Maybe a mini-Cochella?

  13. #8713
    Join Date
    Jan 2017
    Location
    on the banks of Fish Creek
    Posts
    2,597
    do you know any rich and famous folks?

  14. #8714
    Join Date
    Sep 2001
    Location
    Orangina
    Posts
    7,379
    Quote Originally Posted by SkiBall View Post
    There is some BLM border land in the area I want that I would trade 150 for 1. Heard it might be a long shot option, but doubtful.
    Might be a long sale to find the right buyer, but overall a low cost so who knows. There is a neighbor rancher that would be the best bet but supposedly he is kind of a dick.

    Or are you saying turn it into an oasis for the rich and famous? I hadn't considered it. Maybe a mini-Cochella?
    Where abouts, exactly? Vale? Water on the property?
    "All God does is watch us and kill us when we get boring. We must never, ever be boring."

  15. #8715
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,550
    Quote Originally Posted by Mazderati View Post
    Longer-term distance learning could make a dent. Something like 50 higher ed institutions in the area with students making up 20-25% of the city population during the school year. That's a ton of lost revenue for schools in the form of housing, meals, and parking and a ton of lost revenue for the area in unsigned off-campus apartment leases, restaurants and bars, and other general costs of living. The bigger schools also own a bunch of real estate throughout the city. Maybe that magnifies their losses in the short term but, even if it does, I doubt that lasts long for exactly the reasons schuss cited.
    If all the dorms got turned into apartments I bet there'd be no problem renting them out.

  16. #8716
    Join Date
    Oct 2003
    Location
    Big in Japan
    Posts
    41,761
    Quote Originally Posted by fastfred View Post
    dude
    are you smoking what I'm smoking? it aint' going anywhere
    mtn town real estate will be just fine
    plenty of people ready to buy from all those people who bought and couldn't afford
    lots of holes ready to go in the ground as soon as the snow starts melting in the next couple weeks
    Ain't going to be fine if the lifts don't turn and the taps are dry.

    Let's do some livin'
    After, we die

  17. #8717
    Join Date
    Dec 2009
    Location
    ECO
    Posts
    4,710
    Quote Originally Posted by m2711c View Post
    do you know any rich and famous folks?
    I know a ton of them. They just don’t know me.
    Quote Originally Posted by The Reverend Floater View Post
    Where abouts, exactly? Vale? Water on the property?
    86 between Baker and Keating. Creek runs through it but don’t think there is water rights. Been in the fam forever so that part seemed strange. Need to verify.

  18. #8718
    Join Date
    Sep 2006
    Posts
    3,474
    Quote Originally Posted by Kevo View Post
    Kinda thinking about timing the market and selling my house now. What are the collectives thoughts?

    I own a house worth mid $600s in a desirable area of the CO front range. Houses in my neighborhood are still selling above asking price in less than two days.

    My company is kicking around the idea of allowing people in positions like mine to work remote permanently.

    There are nice single family houses in my favorite mountain town for $500k to $900k.

    I'm thinking about selling my house, moving to said mountain town and renting for the summer while looking at properties and trying to find something that I like.

    If I sold now I'd be able to comfortably put down $200k to $300k on my next house and still have more than a years living expenses saved up in cash.

    Why on earth would I stay in the CO front range?
    If you don't do it this year, you will be a year older when you do.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  19. #8719
    Join Date
    Dec 2009
    Location
    ECO
    Posts
    4,710
    Later has a habit of becoming never.

  20. #8720
    Quote Originally Posted by SkiBall View Post
    Later has a habit of becoming never.
    I trust you're talking about mortgage payments being made in 2020?

  21. #8721
    Join Date
    Jan 2005
    Location
    cb, co
    Posts
    3,846
    Quote Originally Posted by Self Jupiter View Post
    This was in response to my posting about how we have no meaningful institutional guidance for brokers and agents. We never got institutional leadership at an industry level, did you? Total shitshow over here. Towns resorted to making their own rules and restrictions.
    Not really, sounds pretty similar to the program here.

  22. #8722
    Join Date
    Sep 2006
    Posts
    3,474
    Local news talking about how Bend had 393 construction/building permits issued for month of March, (Avg. is 400/month) and how most home and commercial construction companies are still operating normally through April.

    It is crazy to see all the construction that is going as if the economy were at 100%.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  23. #8723
    Join Date
    Mar 2006
    Posts
    16,425
    Quote Originally Posted by Toadman View Post
    Local news talking about how Bend had 393 construction/building permits issued for month of March, (Avg. is 400/month) and how most home and commercial construction companies are still operating normally through April.

    It is crazy to see all the construction that is going as if the economy were at 100%.

    It's difficult to get building permits and typically if they have the means to build they build. Can bankrupt later..

  24. #8724
    Join Date
    Jan 2010
    Location
    your vacation
    Posts
    2,160
    I got tons of work
    getting a permit is a hassle since gov't workers are taking full advantage of full pay, working from home or barely working but getting paid

  25. #8725
    Join Date
    Oct 2003
    Location
    ?
    Posts
    6,101
    Imagine that, government offices following operations guidelines issued by local public health officials, the governor, and the CDC. How dare they try to avoid killing people.
    I remember a bottomless freedom...

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •