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: JRI who wrote (5825)	10/3/2002 12:23:25 PM
From: patron_anejo_por_favor	Read Replies (3) of 306849

FWIW, the Wall Street Journal article today on "cracks in the housing bubble" had a map that indicated that Fort Myers is one location with an extremely high home appreciation/income increase ratio, suggesting bubble inflation at an advanced stage. It could be because of it's demographics (retirees) but it's still a bit of a red flag. SBerglowe is a realtor in Florida (but I think she's over in the Boca/Palm Beach area); she may have some insight on the area.

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