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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: redfish who wrote (31315)5/16/2005 10:53:26 AM
From: John VosillaRead Replies (1) of 306849
 
He sounds a lot like many who made a quick killing during the dotcom mania. I just wonder how many completed new homes remain empty and not calculated in existing inventory yet due to the owner/flipper deciding to hold off selling in expectations of making a further killing the next 6-12 months. The incredible recent experience of this still very green 22 year old would lead me to believe he thinks he is invincible and anything he touches will turn to gold.
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