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US USA delinquencies

Discussion in 'Where to Buy' started by Dean Collins, 12th Aug, 2016.

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  1. Dean Collins

    Dean Collins Well-Known Member

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  2. MTR

    MTR Well-Known Member Premium Member

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    Just pick any area/suburb in USA, check out Zillow from the time of crash/peak of 2007 to now 2016?? its breathtaking, foreclosures are back to 2007 prices, these areas started rising in 2011 and there is no stopping the markets.

    Not remotely interested in delinquent data? :)
     
  3. is_don_is_good

    is_don_is_good Well-Known Member

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    Out of curiosity do you know much about Pittsburgh? The economy looks to have diversified a bit, neighbourhoods are gentrifying.
     
  4. MTR

    MTR Well-Known Member Premium Member

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    Not focusing on this market, not because we don't want to, but we can only focus on a couple at a time.

    One thing I am certain of is what properties are worth in US today will be probably be worth much more in 6-12 months time pretty much in any market, just very hot. This is what we are seeing on the ground.


    http://pittsburgh.cbslocal.com/2015/11/18/pittsburgh-housing-market-one-of-nations-hottest/

    Lawrenceville, Pittsburgh went from $35,000 to $160,000 today and probably continuing to rise. (crash was in 2007)

    Detroit another hot market at a lower base, I know someone in Australia who is still accumulating, 25 in Detroit, 25 in Atlanta