The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Travis_Bickle who wrote (77864)	5/19/2007 4:53:35 PM
From: Think4Yourself	Read Replies (2) of 306849

Around me there are several "future subdivisions" with impressive entrances. I can think of three right off the bat, all totally abandoned. Lumber yard a few doors down from me had a tick up in business this spring, and things were looking up for a few weeks, but it's dead as a doorknob again now. The only thing anyone seems to be doing now are finishing up stuff. The only new projects I see are roofing. Don't know how the lumber yard is going to stay in business as there is never anyone there except for the employees. I am curious to hear how California is doing. With their foreclosure rates blowing everyone else's away, and rising rapidly, it's probably starting to look a bit ugly there. Can't believe they surpassed Michigan. We at least have the auto industry to blame. Californians have only themselves to blame, as their economy is humming along for the moment.

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