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Archive for May, 2006

Warren Buffet on real estate

Tuesday, May 30th, 2006

Please hurry and read this article series about Berkshire and its leaders while its still online. In this Motley Fool article series, Mr. Buffet has been commenting various matters, but his comments on real estate are especially enlightening. Some ideas:

    Real estate values can swing enormously.

    Right now they are seeing their residential brokerage business in slowdown all over, most dramatically in the hottest markets.

    If people are buying housing for use, market is not swinging much, but when people are buying real estate as an investment, then valuations tend to swing.

    High-end residential real estate has bigger valuation bubble than low-end residential real estate.

    2004 fewer than 9000 condos were for sale and there were around 2900 transactions per month. Now, there are 30000 condos for sale and less than 2000 transactions per month.

Has anyone ever heard of the theory of supply and demand? When Mr. Buffet is having this kind of thoughts market situation is getting really serious. Maybe it is time for Cinderella move and leaving the real estate dance floor with grace.

Got my log home book

Monday, May 29th, 2006

Mobile log home trailer

Sunday, May 28th, 2006

What makes an effective blogger?

Saturday, May 27th, 2006

So you want to be a logger?

Thursday, May 25th, 2006

Honka mass mail advertisement

Thursday, May 25th, 2006

Reposting

Tuesday, May 23rd, 2006

Another primitive log cabin

Tuesday, May 23rd, 2006

A primitive log cabin

Monday, May 22nd, 2006

Log home book

Monday, May 22nd, 2006
  • Log home photos

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