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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (337409)	5/12/2007 1:32:31 PM
From: Road Walker	Read Replies (2) of 1575537

re: Doug Brunner, a real-estate agent at Downing-Frye Realty Inc. in Bonita Springs, says: ``Two years ago, it was common to see sales contracts written at 90 percent of the original list price. Now it is common to see listings reduced by anywhere from 20 percent to 33 percent before an offer is made.'' Amazingly, it was much worse when I bought in FL 15 years ago. I bought at the absolute bottom of that bear market. I think we have another 3-5 years of things getting worse. People will panic. On the flip side (no pun) I read that the Seattle market is still appreciating.

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