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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (63464)10/8/2006 3:33:48 PM
From: John VosillaRead Replies (1) of 306849
 
'Is it so bad down there that even a desperation sale at a major discount won't work?'

Only in areas that are way overbuilt or had too many speculators in the game. In built out single family markets with end users living there it is not that horrible. Price it right and market it properly it will sell with patience just like the normal days prebubble when real estate was not expected to go up and it was expected to take 6-12 monhts to sell your property..
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