Word: flipped
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Dates: during 2000-2009
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...Shiller is right that house prices are subject to bouts of irrational exuberance--and he seems to be--this is the happy flip side. Somewhere along the path to and from irrational pessimism, this real estate bust may deliver the place you've been looking...
...flip side of that political calculation was apparent on Sunday night. In Miami, all the Democratic candidates rushed to show their support in answering the first question, one clearly aimed at the G.O.P.: "Do you consider that participating in a forum run in Spanish and addressed specifically to Hispanic voters is a political risk...
...buying up distressed properties, doing a little rehab, and then putting the homes back on the market to turn a tidy, double-digit profit. "We call them wannabe investors," says Rob Munn, who has been buying and selling foreclosures for eight years in Tennessee and Florida. "They watch Flip This House, and think, 'I can do that...
...Still, if you're new to foreclosure investing, bank-owned properties are the way to start. "We highly recommend people flip a few REOs first to get their education," says Beitler. Yet even before that, experts say to attend a number of auctions having researched specific houses - dry runs without actual bidding. And keep in mind that you'll be going up against people who do this full-time. "This is a really a hard job," says Munn. "I tell my partner all the time, if it were easy, everyone would do it." That doesn't preclude everyone from wanting...
...more Bush's unpopularity will become their own, especially among independents, the people who have turned against McCain en masse. Backing the surge will instantly weaken them in the general election, because if they do eventually pivot in favor of some withdrawal, it will look like a flip-flop...