how can one take advantage of the housing market's slump?

[Drop2]

with the housing market looking to continue its decline, how can one take advantage? when and what would u do?

 

[SSI]

buy Puts, sell Calls........

not sure when the tide may turn but when Joe Public is getting in, its sometimes too late......

 

[UoweDucks]

Too late to make the easy money. That fruit has been plucked. One emergency rate cut from the fed would wipe out a ton of short positions in a whipsaw.

Best way is to play the rebound and now is probably a bit early but better early then late in this game if you average into a basket of financials and REITS over the next 6-12 months you'll be certain to hit some bottoms. Collect the divs and bide your time.

 

[auggiedawg]

Too late to make the easy money. That fruit has been plucked. One emergency rate cut from the fed would wipe out a ton of short positions in a whipsaw.

Best way is to play the rebound and now is probably a bit early but better early then late in this game if you average into a basket of financials and REITS over the next 6-12 months you'll be certain to hit some bottoms. Collect the divs and bide your time.

:WTF:

 

[UoweDucks]

What didn't you understand?

 

[Fishhead]

with the housing market looking to continue its decline, how can one take advantage? when and what would u do?

If you own a house, sell it now before it falls in price another 10-25% over the next 10-18 months.

 

[Whoson1st]

If you own a house, sell it now before it falls in price another 10-25% over the next 10-18 months.

Scary; in more ways than one if true. Even to a rentor!

 

[auggiedawg]

If you own a house, sell it now before it falls in price another 10-25% over the next 10-18 months.

im in a condo in st.augustine, florida about 1/2 mi from the atlantic.....hopefully i wont have to worry about this....im hoping.

Of course im would also sell if someone is interested in a good little condo close the the ocean in the nation's oldest city.

 

[Whoson1st]

The problem as I see it is that A. Banks/Mortgage Companies made loans to people that were high risk and B. (Equally as important as A.) People buying 2nd homes for profit ran the prices up. (greed factor).

 

[UoweDucks]

im in a condo in st.augustine, florida about 1/2 mi from the atlantic.....hopefully i wont have to worry about this....im hoping.

Of course im would also sell if someone is interested in a good little condo close the the ocean in the nation's oldest city.

I don't see what you have to worry about? Unless you need to sell. Are you coming due on a reset with an ARM?

When did you buy? Florida is getting whacked in value but it shouldn't affect you now unless you need to sell in the near future, 1-3 years.

 

[Presto]

real estate bear markets usually take 10 to 15 years to clear up.
Buy some SRS 134.00