Stick Your Neck Out and Predict

Beach Fanatic

Oct 31, '06 · 8:55 AM21,029

There is no denying that real estate in South Walton (and just about everywhere else) has taken a hit these past 15 months or so.

There's doom and gloom all over this board.
There's also optimism on this board.

Let's have a little contest without all the clutter of commentary. If you must make a comment, please limit it to a sentence or two and ONLY when associated with your only vote.

In other words just make your prediction to the following question...

When will the "trough" or bottom of the real estate market occur?

PLEASE, your answer should be only February, 2006 or similar.

You may cheat anyway you know how!! I'll take my hint from the graph on the NPR thread and post first (just please click on Reply, not Quote to keep things clean).

Please come outside and play!

Replies

122

Beach Fanatic

Oct 31, '06 · 2:28 PM#27

I, for one was not taunting, I was responding to BMBV's simple request just to list a date. Some, who will remain nameless, feel they cannot respond intelligently or directly but must come up up with a tired sarcastic comment. It is very easy to taunt and criticize and be flip.......it is quite another to put your b---s on the line and take a guess. It is not difficult, the worst thing is you might be wrong !! No big deal. Leave your ego at the door. It might be instructional to read Theodore Roosevelt's comments on the Man In The Arena. Quite enlightening and educational no matter what your place is in society.

Beach Fanatic

Oct 31, '06 · 2:31 PM#28

http://www.theodore-roosevelt.com/trsorbonnespeech.html

Beach Fanatic

Oct 31, '06 · 2:33 PM#29

"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."

Meow

Oct 31, '06 · 2:34 PM#30

Okay okay okay...

tomorrow.

Beach Fanatic

Oct 31, '06 · 3:59 PM#31

December 2008.

All statements herein are considered 'forward looking' and.....yadda yadda yadda.

Beach Comber

Oct 31, '06 · 4:30 PM#32

WOW Goofer -

What a discourse... where have men (and women) for that matter of that caliber gone? I daresay I know of no person(s) in our day that can command the English language with such beauty and paint so powerful a picture with the mere use of words and the page as a canvas...thank-you so much for bringing that our way today.

I felt like I got to be part of something much larger than myself, somehow connected with brilliance and history. Part of a bygone era of greatness in mankind, where ambition was mixed with excellence and virtue... without further delay, though, I will present my prognostication for the viewers.

My guess is that things will beginning moving slowly again late spring 2007 with a return to some moderate pricing increases beginning late next fall and into the winter of 2007. Time will tell.

Beach Comber

Oct 31, '06 · 7:24 PM#33

February, 2007, but a long slow climb back to February 2005 levels, maybe 7-10 years. Please don't laugh too hard, in my opinion, prices shot up too fast it is going to take a long long time to caught back up to that level.