Comments on: Who is TheArcadian? http://www.arcadiahousingblog.com/2008/02/23/who-is-thearcadian/ Tracking the Arcadia and San Gabriel Valley Housing Market Thu, 20 Nov 2008 17:20:23 +0000 http://wordpress.org/?v=2.5.1 By: Frank Jewett http://www.arcadiahousingblog.com/2008/02/23/who-is-thearcadian/#comment-4128 Frank Jewett Wed, 13 Aug 2008 17:41:21 +0000 http://www.arcadiahousingblog.com/2008/02/23/who-is-thearcadian/#comment-4128 Fortunately there is no real need to time the bottom as real estate bottoms tend to last for months if not years. Real estate booms also tend to last for years, so investors can still make good money months after prices begin to rise. The whole concept of "bottom" is an appeal to greed. Folks assume there is a short window of time where they can maximize their return. The truth is that bottoms are long, this isn't like day trading stocks, and rate of return varies based on the location and type of property. Even now, in a depreciating market, some flippers are making money. Why? Because they chose the individual property wisely. A rising tide does lift all boats, but an investor who researches the market can find a rising boat regardless of the tide. Is this a coded plea to invest today? Hardly. It's an open plea to ignore bottom callers and start researching, because there is nothing worse than stupid, lazy people with money waiting for the "bottom" so that they can buy anything with the expectation that they will make a fortune. Forget timing the bottom. Start studying individual properties, locations, and sectors so that you can invest wisely regardless of overall market conditions. Fortunately there is no real need to time the bottom as real estate bottoms tend to last for months if not years. Real estate booms also tend to last for years, so investors can still make good money months after prices begin to rise.

The whole concept of “bottom” is an appeal to greed. Folks assume there is a short window of time where they can maximize their return. The truth is that bottoms are long, this isn’t like day trading stocks, and rate of return varies based on the location and type of property.

Even now, in a depreciating market, some flippers are making money. Why? Because they chose the individual property wisely. A rising tide does lift all boats, but an investor who researches the market can find a rising boat regardless of the tide.

Is this a coded plea to invest today? Hardly. It’s an open plea to ignore bottom callers and start researching, because there is nothing worse than stupid, lazy people with money waiting for the “bottom” so that they can buy anything with the expectation that they will make a fortune.

Forget timing the bottom. Start studying individual properties, locations, and sectors so that you can invest wisely regardless of overall market conditions.

]]> By: TheArcadian http://www.arcadiahousingblog.com/2008/02/23/who-is-thearcadian/#comment-1397 TheArcadian Tue, 08 Apr 2008 17:04:54 +0000 http://www.arcadiahousingblog.com/2008/02/23/who-is-thearcadian/#comment-1397 Hi Sean, glad to have you as a reader! I agree that it may be impossible to time the bottom. Fortunately, by evaluating widely available data, it is not difficult to determine when it "makes sense" to buy. Hi Sean, glad to have you as a reader!

I agree that it may be impossible to time the bottom. Fortunately, by evaluating widely available data, it is not difficult to determine when it “makes sense” to buy.

]]> By: Sean http://www.arcadiahousingblog.com/2008/02/23/who-is-thearcadian/#comment-1380 Sean Tue, 08 Apr 2008 04:52:12 +0000 http://www.arcadiahousingblog.com/2008/02/23/who-is-thearcadian/#comment-1380 If you are a 'full time analyst for a real estate' and you are renting that says a lot. I enjoy the technical analysis, it helps with decision making. Let us know when you buy - you may not be able to time the bottom perfectly, but I think you will have a good idea when it's close. Good Job! If you are a ‘full time analyst for a real estate’ and you are renting that says a lot. I enjoy the technical analysis, it helps with decision making. Let us know when you buy - you may not be able to time the bottom perfectly, but I think you will have a good idea when it’s close.

Good Job!

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