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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (4688)8/26/2002 11:40:40 PM
From: fattyRead Replies (1) of 306849
 
"If the market price of your home should fall by 20-25 percent, but the next buyer has to pay higher interest to own it, that buyer won't come out much or any better than you, financially."

that's what real estate agents want you to think. the stark reality is that real estate is overpriced by any comparisons you can imagine. these days, people are paying lot more money for far less land. doesn't make much sense to me.
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