The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tdl4138 who wrote (893)	10/2/2001 3:20:46 PM
From: Drygulch Dan	Read Replies (1) of 306849

The real estate bubble is really bursting! Why, I had to wait 11 full days just to get an offer on a 2 bedroom townhome I had for sale in San Francisco and they really undercut the price! I had to REDUCE the price by $4 grand just to close the deal. So I only got $495,000 for it which was exactly what the neighbor unit sold for last year. I was robbed! Now the FED has gone and lowered interest rates a couple more times again since closing. Good thing I found a RE broker willing to multiple list it for 3.5% I'd be in the poor house otherwise. Imagine all those home owners out there refinancing their mortgages and reducing their monthly payments as if that will help! What fools.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next