Real Estate Price Collapse, Paradise Lost in SW Florida

Posted by admin on May 28th, 2010 and filed under king county realestate | 24 Comments »

Buy one get one free. What happens when the neighbors see the comps? Jingle Mail to the max. Will the county reassess all the homes in that community 1/2 off, and lower their taxes accordingly? How is that good for the tax base?

Duration : 0:2:34


[youtube VgTdxEGauok]

24 Responses

  1. finefilth Says:

    @inkey2

    they …
    @inkey2

    they spray us heavily with CHEMTRAILS too …THOUSANDS EVERY WEEK…

  2. inkey2 Says:

    @finefilth ; thats …
    @finefilth ; thats what i have always said about all these supposed great real estate deals……….there is a reason the price is so low. Will you have to commute 75 miles to work each day…..any jobs there?

  3. Cyrus992 Says:

    @jandean61

    I am …
    @jandean61

    I am from Orange County, Ca.. and i am planning to move to Austin…

  4. shaider77 Says:

    I wonder what kind …
    I wonder what kind of industries and jobs they have in the area that will trigger and sustain the momentum for a turnaround in home values in the near to medium term.

  5. overwatever Says:

    Normal people can …
    Normal people can ACTUALLY afford to buy a new home!

  6. ourearthhome Says:

    Real estate prices …
    Real estate prices are periodically bid up way beyond their real value by people looking to make money on resale. This is called real estate speculation and is completely destructive of the housing market although while it is happening everyone is happy to jump in. There is an 18-20 year boom and bust cycle. think back to the early 1990s. it will happen again around 20 27-2029 unless we call a halt to buying and selling real estate merely for profit and not exclusively for use.

  7. SpeedingStudent Says:

    I’m here.

    Too …
    I’m here.

    Too many weirdos in Austin, though.

  8. jandean61 Says:

    Thank God ! I LEFT …
    Thank God ! I LEFT FLORIDA IN 2007 !….MOVE TO AUSTIN,TEXAS ! MOVE TO AUSTIN,TEXAS!

  9. anonymous4849 Says:

    Looks like its time …
    Looks like its time to buy a home for CHEAP! :-)

  10. DrewDownsManagement Says:

    Nice Vid. I …
    Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.

  11. kobie8819591 Says:

    and you grt killed …
    and you grt killed on the taxes

  12. youngviv Says:

    Come to Bethlehem …
    Come to Bethlehem pa…real estate is doing great here!!!

  13. InternetIncomeMentor Says:

    forget real estate …
    forget real estate for builing your wealth – I spent 8 years of 60 hour weeks… visit
    mib income . com and see why i got out!

  14. qtrinh Says:

    Try AK47 buddy… …
    Try AK47 buddy…the hatians all have those

  15. Michaelwiseguy Says:

    I don’t think those …
    I don’t think those town houses are such a great deal. If You look on Zillow at for sale listings, you can find new homes for under 100K, No HOA fees and larger lots.

  16. seanteelucksingh Says:

    Wow.
    Wow.

  17. jjireh07 Says:

    Buy one gun, and …
    Buy one gun, and then buy some more. You’ll be needing them soon. Maybe try to move away from the major cities.
    That is, unless you like being shot for your food.

  18. d991 Says:

    This is hilarious.. …
    This is hilarious…it sounded like that one old guy bought 3-4 houses. What is he planning on doing with them, flipping them?! Waiting until house prices go up?! He’s in for a nasty surprise…

  19. yap1993 Says:

    the CEO of Freddie …
    the CEO of Freddie Mac admitted the housing
    crash has TWO THIRDS to go! the housing
    collapse is just getting warmed up folks.
    you’ll see houses sell for a quarter on the
    dollar adjusted for inflation in a few years.

  20. tyronebiggums3 Says:

    “I bought two …
    “I bought two houses today, and a ridiculous price.”
    YES, RIDICULOUS! YOU PAID TOO MUCH!!

  21. finefilth Says:

    try getting a job …
    try getting a job in cape coral

  22. Eagle776 Says:

    it’s going to get a …
    it’s going to get a lot worse then this.

    People will be buying and selling homes with food, after the collapse.

  23. Boomer1949 Says:

    I sure hope these …
    I sure hope these people who are buying these houses know what their doing. Personally, I would not buy unless I had cash.

  24. ckthomps Says:

    Buy one get one …
    Buy one get one free deals for homes is NOT good for the economy. Insane.

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