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: TraderC who wrote (21160)	6/1/2004 4:21:39 PM
From: Lizzie Tudor	Read Replies (2) of 306849

I'm not a perpetual doom and gloomer (in fact I am currently LONG a bunch of internet stocks so there you go)- its just that the bay area has been misrepresented by NAR statistics for 3 years. Part of our problem which some here will attest to is that there are outlying areas like Pleasanton which are strong but don't compose what I consider to be part of the traditional bay area. Maybe you have this same scenario in the areas you are buying into.... an outlying area where you get more for your money? We do have strong regions in the BA for sure. But if you owned a 1.2mm home in Noe Valley in 99 and didn't sell it.... forget it.

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