I definitely do, I am a firm believer that this is going to be the greatest transfer of wealth , of our time. It just all depends how you play your cards, its unfortunate for those that got in at the very peak, but you could tell if you were well read enough that we've been inflated for quite a number of years. I've just started spending some of my cash reserves on strong companies, with high dividends. And will continue to do so as long as they look cheap.

I'm not trying to call a bottom, but its definitely getting close.

Echo Natemcdo's comments - this is opportunity for the thoughtful investor.

I had invested in financials after they reached their lowest point on July 15th, but since withdrew because after a string of high profile failures and market uncertainty, I'll wait and see how things develop over the coming weeks.

Schiller housing report is likely to be very bad this month, because it'll be reporting for August - traditionally the worst month in real estate for sales - that coupled with the unwinding of CDS obligations, continuing bad commercial credit markets - means I don't think we've seen a bottom yet.

However, through end of October to June I think will be the best opportunity for investing - am expecting economic indicators by June to show room for significant optimism.

Will be trying not to invest in too many distressed companies this time, and JP Morgan and Wells Fargo are high on my list (especially if the Wachovia deal goes through).

A theory that I heard for the bubble was that in 2001 investors got scared after the attacks and invested in R.E. My Q is will the investors pulling of out the stock market now eventually do that again?

Definitely! Just hang in there. It might take awhile but we will reach a bottom.

recessions seem to be cyclical. so it will blow over within a few years... hopefully...

Though there is no rush to invest today. It is always advisable to look for good opportunities. Doing so takes you some time and research, but you will be rewarded with sustained returns. So avoid speculative investment, but solid companies stocks are down with the rest of the market so take advantage of them when you see them.

The same can be said for any type of investment as long as you are looking to the long term for your returns.

As I say on my web site educating yourself and doing your homework is the only way to succeed in this world.

I think Residential Real Estate is near a bottom, however Commercial Real Estate still has a long way to go. We haven't even seen the first half of the wave

Employment is the key factor. This coupled with banks returning to traditional underwriting of loans will limit what people can borrow. With traditional underwriting borrowing will be tied to income. I would expect to see home prices rise in a direct correlation to gains in real wages. With the amount of off-shoring of jobs to India and now Manilla it will put pressure on U.S. wages to stay low. Add in that all of the people who have had a foreclosure will be out of the market for some time we will have less shoppers in a position to get financed.

Where is the bottom? It depends on who you ask. If some on draws their income for real estate they will tell you we have seen the bottom, buy now or you will be left behind. If someone is a home owner they resist the reality that if they cannot afford their home someone willing to live in their digs probably cannot either. The bottom will be relative.

This is because a market can practically spin on a dime and go from being quite healthy to being practically dead. As a result, you could find yourself holding a property that you are unable to sell......

You can survive from real estate downturn by following these steps:

Aligning For Profit in a Bear Market
Slow Down Your Speculating
Never Forget The Supply and Demand Theory
Balance Real Estate Exposure
Protect Your Equity

Savvy investors should be watching all sections of the real estate market. There are similarities between investment, commercial and residential and it behooves the smart person to watch all of them prior to jumping back into dubai real estate investing. There will be a right time

I am just looking to buy my first house right now, but how do I know if I will be able to sell it later on? I am a little nervous after hearing about all these people that owe more than their house is worth. I plan to stay in one house for awhile, but if I needed to move, I don't want to lose a ton of money.

Benjamin,

Right now you really can't tell if house prices will fall further.

So if you buy a house, put a significant amount down and get a 15 year mortgage.

If you get a 30 year mortgage you will pay more interest in the first 7 years and you will not build any equity period. If house prices continue to fall you will CERTAINLY be upside down.

If you have a 15 year mortgage instead.. You can still get upside down, but you will also have the loan paid off in a shorter amount of time.

Last rule of thumb: Your TOTAL mortgage payment... that's the Principal and Interest, the escrow, the PMI. Your TOTAL mortgage payment should not be more than 25% to 35% of your NET monthly household income. If it is more than that, you WILL be struggling to make ends meet.

This means... that you should get yourself into the starter house that you can actually afford and pay it off as fast as you can.

On the subject of housing.. nobody wants to live in a house that is upside down or losing value. So people scramble to make sure that they are living in something that is gaining in value. Unfortunately there is a cycle to things and right now values are not going up much. But there is a bigger picture that nobody thinks about, and that's getting to a point where you have NO mortgage payments.

So get yourself into a house with a 15 year. Don't worry about the VALUE of the house itself, just pay it off as quick as you can. Then start investing what used to be your mortgage payments and build wealth.

__________________
"If nothing changes...NOTHING CHANGES! But if something changes...SOMETHING CHANGES!" - Mark Balmer

www.debtfreemarriage.org

Don't feel disappointed this economic crisis is temporary. Every state has lost its boom but with the passage of time it will recover in the long run.




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