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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: SouthFloridaGuy who wrote (37956)8/15/2005 1:29:55 PM
From: John VosillaRead Replies (1) of 306849
 
Sounds like recent comps would be $500k for that Vegas house. When you say put a lid on certain markets are inventory levels up to at least 6+ months now? So far Boston is there but is any other bubble market high yet? South Florida still a very tight single family market but high end condo market is flooded with empty units and a ton of speculators (I think 70-80% vacant in recently completed projects) will be perhaps the next big headline of a bubble bursting unless downtown San Diego beats em to the punch<g>.
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