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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (59032)8/3/2006 5:00:05 PM
From: Lizzie TudorRead Replies (1) of 306849
 
the thing is there WAS a bay area RE crash at right about the time this board was created but the bay area RE agents and homeowners here won't admit it. I haven't seen them around lately but it was an amazing sense of denial in those folks.

We had a sharp 40% drop or thereabouts in 2001. Finally after the google IPO and other recovery + bubble, my area Noe Valley is back to its old highs.

But there was, indeed a crash here.
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