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: John Vosilla who wrote (44722)	11/17/2005 5:22:04 PM
From: Micawber	Read Replies (3) of 306849

Thanks for the reply. But hey I'm probably at ground zero of the most vulnerable of all, the new high end condo market in South Florida I agree with you- the high end condo market in S. Florida is ripe for a correction. To quote this guy Marcin, "But if you keep reporting that as news, you need to buy a clue". I can tell you that I am involved in several large land deals in Central Florida, and I assure you that the big boys are still buying large tracts of ground for lower end stuff with both hands. Does that mean I would buy the homies? Hell no, but I sure will sell to them. I don't know where the overall market is going, and I don't really care. I don't have all the answers like so many on this board seem to have. I don't have an agenda, I don't have a housing boom or crash blog, and don't have the time or inclination to crow like a bull, or rub my hands together ghoulishly whining that the world is going to end. My agenda is to observe what is going on in the markets in which I am active and try to make a living in this business. I occasionally read this board for amusement and rarely for enlightenment. It's obvious that many on this board are buddies from years of posting on this and other boards. Many seem to be permanently bearish on everything, and appear to be convinced that the world is going to hell. Even more interesting, many seem to have the feeling that being bearish on the homies is somehow contrarian. Huh? Has anybody taken a cursory look at the Yahoo boards for the homies? They are without exception predominately STRONG SELL sentiments, and have been that way for the past several months. That's quite a contrarian position, when you're in agreement with the Yahoos of the world. I find that very amusing.

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