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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Smiling Bob who wrote (80037)6/25/2007 10:17:40 AM
From: John VosillaRead Replies (2) of 306849
 
'Barrington consists of 107 starter homes built by Beazer Homes USA off Sunset Road West in northwest Charlotte. Most were priced from the $90,000s to $130,000s.'

Problems in these markets means armageddon in many of the coastal bubble markets not being bailed out anymore by appreciation when you are talking a similar group of people with loans 3-5 times the size of those in this Charlotte community yet incomes not significantly higher and the same poor credit histories..
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