The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GraceZ who wrote (49858)	3/9/2006 10:36:27 AM
From: John Vosilla	Read Replies (1) of 306849

Do you think prices have fallen there since late summer? Most are asking much more than comps from July-August in my area but we have no new single family construction anywhere near where I live.. One of many reasons why I am short in a big way. Can't imagine how bad it is where there is a lot of new construction in competition with you if you are trying to sell.. Heard from the Orlando area nothing is moving there either.. Here is what is strange. People who were buying at the courthouse steps have built up so much inventory they are not going again until they start selling what they already have. Yet foreclosures in bubble markets still at record lows. What will happen when we have a big spike in foreclosures in a couple of quarters and the REO's pile up on top of unsold builder inventory and exploding resale inventory? Looks very grim..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next