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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: John Vosilla who wrote (87486)	10/9/2007 8:36:06 PM
From: TH	Read Replies (1) of 110194

John, I've been tracking Vegas high rise condos and a couple of cities in Florida. There is no significant reduction in Vegas for the high end, but I'm starting to see some movement in Southern Florida. There is a building on the North end of the Vegas strip and I bet I'm not the only one that is looking to buy if say 20% were to come off the frothy top. 10% from the top for this unit is the biggest reduction I've seen to date. homes.realtor.com I'm waiting for a breaking point, and as many of these unit are completely empty, I thought a stronger reduction trend would have started by now. Time is on my side I guess. GT TH

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