The green money stays in.The major difference between these two markets is that Buyer's Market II is a market not considered "hot" and general investors at large do not really know about them.  

I would be curious to see if anyone would recommend just biting the bullet in LA and getting an FHA loan + FTHB incentives despite the red hot RE market.

Might be a hot potato.

*Refer to general recommendation for hot iron treatment of wax.KETCHUP & TOMATO SAUCE: 1.

Not sure how hot land is in TX, but based on what all cash said above you're probably looking at 2-4%.

:cry: Finally get a client who wants to fill out a contract/offer for a house, made sure I called realtor to see if she had accepted any, 10 am, the answer was no....turned in my offer by 12:15 with check ....found out next day she had received 3 other offers...the highest being 23,000 over asking price......I'm going nuts....I am in very hot market and dont know what to do.....any suggestions?

http://www.handymanaustintexas.com SORRY FOR THA QUADRUPLE POST, WAS TRYING TO FIGURE OUT HOW TO HOT LINK MY SITE!!

And for those who are in their 30s and think they will retire with paid off rentals, don't forget to factor in the following:Maintenance, taxes and insuranceDepreciation for your heirs to repayUsually good appreciation at first and then slowing in later years,,,why followsEconomic devaluation due to properties maturingChanges in demographics of the community, hot areas don't stay hotCompetition of comparable units and and newer unitsDecline due to obsolesence, may not command rising rents foreverMaintenance issues deferred become rehab projects years laterTax benefits die outGovernmental regulations adopted may cause additional expensesVariable costs increase- with stagnet rents (ie, taxes and insurance)Property becomes inefficient and functionally obsolesent in the market.Buying a 15 year old SFD when you are 30 and keeping it till you are 65 gives you a 50 year old property......now go into neighborhoods with 50 year old properties and see what the market is like inthose older areas.......I suggest you buy, do a 1031 or sell and upgrade your inventories.

Only an idiot would launch a hot war over this issue and Putin knows that.

Gray is a very hot color right now.How about a milk chocolate brown with creamy white trim?