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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Think4Yourself who wrote (76269)4/18/2007 4:45:39 PM
From: MulhollandDriveRead Replies (2) of 306849
 
just as important as the subprimes resetting is tightening up of lending standards, requiring actual downpayments, documenting of income.....this has the effect of drying up the pool of potential buyers just when inventory could begin to swell further as the resets force homeowners onto the market

slowmo trainwreck indeed
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