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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (539498)	12/30/2009 3:41:22 PM
From: tejek	Read Replies (1) of 1576891

We're # 1! We're # 1! We're # 1! Yeah, you're #1 alright....#1 in the crapper. Tampa Bay was the top price loser among 20 housing markets on the October index. We've talked about that before.....housing has never been Tampa's forté. I think you may have some of the dumbest builders in the country. They don't seem to know when to quit. Of course, they are not much better here. The 1,000-square-foot home on Fourth Avenue N in Historic Kenwood sold for $169,000 as the market crested on May 30, 2006. Within three years the bank foreclosed on the house and dumped the World-War-II-era property to an investor for $48,000. A tale of two different cities: historic homes in Seattle were the least hit and have held up the best, price wise. St. Petersburg Realtor James Tuten, two-thirds of whose listings are pre-foreclosure or foreclosure properties, said the credit actually stimulates house hunters to seek out cut-rate properties. "If you're a normal home seller whose house isn't in foreclosure, you're in a tough spot," Tuten said. "Nobody's going to overpay right now." I can understand why Floridians see no bottom to this mess.

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