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: Doughboy who wrote (25805)	12/13/2004 4:16:40 PM
From: Tradelite	Read Replies (2) of 306849

Doughboy...congrats on your home sale. (Haven't been on this site in quite a while, and just saw your 12/10 post today). Hard to tell what the real estate market will do. Things appear to be selling fairly quickly in my part of town. Some upper-end homes appear to be sitting around for a long time, but they don't look real desirable considering their price tags, so maybe that's why. It's easier to pay $700K and bring something up to current styles and standards, but much harder to pay 1.5 mil and still have to fix something up. Did see a story in today's Wall Street Journal (page A10) that a report was due out today indicating the U.S. will need 44 percent more housing by 2030. Report is supposedly from the Brookings Institution and says we have only about half the space now that we will need later, due to population and job growth. Has anyone here seen this report yet?

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