I understand that when a market crash happens if people have the capital or are in a good position they can really captilalize on the situation.

Con anyone recommend an agent that I can work with to sell a lot I own in Waterford of the Carolinas, Leland, NC, purchased it over 8 years ago for $154,000 market crashed and the land value went down to $30,000 it has gone up to $90,000 Today, but don't have any hope that it ever get to number I bought it for.

Con anyone recommend an agent that I can work with to sell a lot I own in Waterford of the Carolinas, Leland, NC, purchased it over 8 years ago for $154,000 market crashed and the land value went down to $30,000 it has gone up to $90,000 Today, but don't have any hope that it ever get to number I bought it for.

Con anyone recommend an agent that I can work with to sell a lot I own in Waterford of the Carolinas, Leland, NC, purchased it over 8 years ago for $154,000 market crashed and the land value went down to $30,000 it has gone up to $90,000 Today, but don't have any hope that it ever get to number I bought it for.

I paid $154,000 for an 1 acre lot, the economy crashed and so did the lot price to $30,000, the price as of today is $90,000, I don't think holding on to it Is a good idea anymore I still have to pay for lot Maintinance, community fess and property tax on it, any opinion will be appreciated.

Inventory is low and there will always be a strong demand for cheaper housing if ever you decide you would rather not hold your property anymore.The risks are 1) They crash / correct harder than single family homes in a housing market crash.    

For instance, if you want to buy-and-hold in San Diego, then yes wait until a crash when you can buy cheaper (if a crash comes anytime soon).

There are some lessons to be learned from looking at what happened during the crash in Vegas .Same in L.A too but it seems like Vegas crashed even harder and it's a lot different market since there is still land available to build .

Yeah you can spend $3K and get a new car or fix it, but can you afford the medical bills of the people who get devastated in the crash?

House Flippers Caused the US Housing Market Crash.It suggests that it was not subprime borrowers with bad credit who caused the crash, but investors, based on the fact that the great expansion of credit happened with people who had good to excellent credit.What do you think about this argument?