The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (5700)	9/30/2002 3:04:20 PM
From: Lizzie Tudor	Read Replies (1) of 306849

prices can drop, just not as quickly as stock values. How long does this "deflation" period usually take, for people who have been through one of these before? I can see its a slow process... right now we have a large inventory of houses for sale and a lot of people pulling their houses off the mkt because they aren't selling. Probably this is typical in the initial phases of a decline. Assuming the decline started this last summer, are we looking at a 2 year process? Somehow I think that was the result of the last real estate decline in N Ca (in the early 90s)... but I really don't remember and didn't own property at the time. L

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