JIM CRAMER ON REAL ESTATE

Jim Cramer devating a spokeperson for the NAR

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25 Comments

ilikehwy40June 17th, 2009 at 4:39 pm

Jim Cramer should get out of stocks and into real estate. He has a better nack for it.

And did that guy say that in summer of 2009 people who bought a house then will get 94% returns? Cramer is right about the motivation of people who sell stocks or property. They both are unwarrantably confident in the area they make money in.

drunkenmonkeyrageJune 17th, 2009 at 4:39 pm

damn, he was dead on with this one, markets tanked

stinkypoonJune 17th, 2009 at 4:39 pm

This market is not at a bottom. There will be no market upswing. Almost every populated location location location sucks sucks sucks.

DrewDownsManagementJune 17th, 2009 at 4:39 pm

Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.

kensho3June 17th, 2009 at 4:39 pm

the TODAY show: Hard-hitting journalism! And now, here’s Matt wearing an apron revving up for our cooking segment!

IronJoeHornJune 17th, 2009 at 4:39 pm

notice, this was put out 2007, if u bought a house when this came out, you A: paid more than u could have now, and B: got a crummier interest rate than now that the fed just cut rates again

NikoEntrepreneurJune 17th, 2009 at 4:39 pm

I dont agree with Jim Cramer and this is mostly because when real estate is in its bottom most low is when you actually make the purchase. This is where you profit since homes are bought much cheaper, but again its all about LOCATION, what you purchased and how you purchased it. Thats it.

bowler866June 17th, 2009 at 4:39 pm

Boy he hit that on the head didn’t he!

rosewood223June 17th, 2009 at 4:39 pm

who is this black guy?

mulleygravesJune 17th, 2009 at 4:39 pm

“Great shape” a year from sept 2007, “Slight increase” from the other guy HAHAHAHA read Austrian economics and maybe you won’t be this stupid.

attie3June 17th, 2009 at 4:39 pm

Jim Cramer for us secretary of the treasury
or Chairman of the Federal Reserve

Ataraxian13June 17th, 2009 at 4:39 pm

we should bail out the fed

mongoboboJune 17th, 2009 at 4:39 pm

i don’t care what area you are looking at, but if you don’t have the money, you’re not going to be able to borrow it. That slows housing everywhere.

mongoboboJune 17th, 2009 at 4:39 pm

was a ‘good deal’ at 3500. And you’d STILL be underwater.

mongoboboJune 17th, 2009 at 4:39 pm

Let us look at the NASDAQ circa 2000. At one point it was hi as 4800. Now it’s at around 2200. So even after 8 years it’s STILL only worth half as much as it once was. Therefore, by your logic, crank454, the NASDAQ

raidereddieJune 17th, 2009 at 4:39 pm

Just get rid of the BAD Realtors, actually the current downturn is taking care of that automatically. R.E. License renewals in Mass. are down.

LetItFloatJune 17th, 2009 at 4:39 pm

Charllote North Carolina continue to perform well despite what is going on in adjacent States. Only States with major metropolitan areas are feeling the pinch. However, the economic down turn is translating in other areas such as gas price and automobile industry and other sectors and that might be a bad news, at the same time we know the troops are coming home and that should be a positive thing to look forward to.

MSGOODBARJune 17th, 2009 at 4:39 pm

Getting rid of realtors are a bit drastic because some people who are selling their homes find it easier to do. I want them and all the other players involved in real estate that buyers and investors used to be regulated the same way appraisers, engineers, and inspectors are. The field of real estate is not fair.

mongoboboJune 17th, 2009 at 4:39 pm

It’s time we got rid of realtors and just use craigslist or something. Get agree upon a lawyer to finalize the paperwork and save some money.

MSGOODBARJune 17th, 2009 at 4:39 pm

Most appraisers work for banks and investors. Some who have thier license are investors. There are some that have realtors as backhanded customers but not the majority. The government has cracked down hard on appraisers due to the S&L scandal. If they find that we have manipulated the values our license is revoked and we will never be able to practice appraising again.

VivaMydickJune 17th, 2009 at 4:39 pm

He tells you to sell RE just so the globalists can buy it. Don’t do it, don’t panic. Don’t you remember how they always take over the market, e.g. Rothschild in 1815 and the bankers during the Great Depression.
Globalist confiscate millions of acres for NAFTA from Mexico to Canada

AntiBullSJune 17th, 2009 at 4:39 pm

he is same prostitute as your stock broker , bastard does not represent your best interest

LeftLiberalSoCalJune 17th, 2009 at 4:39 pm

Isn’t it true that your customers are Realtors who tend to give business only to appraisors who “get the values right”?

Come clean.

tbreestJune 17th, 2009 at 4:39 pm

Here in the Phoenix area, real estate sales have had a sudden surge, granted prices have fallen sharply in the last few weeks. Listingsupply com indicates that MLS listings in the major US markets are finally starting to fall, which should mean price stability ahead. Let’s hope!

EinstiensblackidJune 17th, 2009 at 4:39 pm

And with someone else’s money.

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