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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: CalculatedRisk who wrote (31494)5/18/2005 5:47:59 PM
From: damainmanRead Replies (2) of 306849
 
RE sales are indeed strong, at least in my little corner of the world. I went with one of my in-laws to Merced,Ca. over the weekend and boy the building was something to behold. What was funny was that one of the sales ladies at a sold out development asked us if we wanted to get on a waiting list in case one of the buyers was not qualified and then she immediately corrected herself and said "oh wait, everyone is qualified these days". Also, most of the builders print on their brochures that they don't sell to investors but I know they somehow get around that.
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