• JadeLondon said on Jul 29, 2006....

  Well, that would be hard for me to answer--but then again, I am not a real estate agent. I will say--in my part of the world, anyway--that there has been a huge rise in materials costs. Because of this, the service industry (contractors, etc., must charge more for their services. Which means it will passed on to the consumer. But as I said before, I am not an expert. But if I had to base my opinion on that--I would invest, if I had the money. Besides, couldn't you negotiate in the future & have your interest rates reduced?

• Zayda said on Jul 29, 2006....

  Yoho: Honestly, it depends on where you are living in the country. I was watching something on the news the other night about the housing market. They were reporting that in [i]most[/i] parts of the country it is a buyers market because overall prices were falling and sellers are doing more to for buyers like absorbing the closing costs for buyers, etc. In some parts of the country, including a bit of the midwest, it's a sellers market instead, with housing prices higher.

• Piranha said on Aug 02, 2006....

  It depends on where you live, what the market is like, and the availability of land. Here in Malta, the prices are increasing something like 10%-15% a year. Property which Cost about 55,000 maltese lira 3 years ago costs something like 100,000 maltese lira today, and that's for a 100 sqm property with a 4 car garage in a village. BTW 1 Maltese lira is worth $3.00, so multiply my figures by 3 and you'll get an idea of prices here. and malta is in europe (it's a little island 55 nautical miles south of sicily in the centre of the mediterrainian.(you'll only see a little dot on a map)) Property in Malta is a guaranteed investment, with very high returns, IF you have the money!

• investing_genious said on Sep 20, 2006....

  hello yoho
  I came across your post.
  I would say..it depends on the time horizon and purpose
  you intend to invest for long term or short term
  your purpose is LIVING in the house or you are looking forward to CAPITAL APPRECIATION.
  YOU would go for your money or PART LOAN OR fULL LOAN
  of course ANSWER depens a lot in various factors
  
  
  Please Find My Post
  www.soulcast.com/investing_genious
  

• ahmedbilani said on Oct 20, 2007....

  Generally, if you have good cash flow, real estate is always a good investment, long term.

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