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: bentway who wrote (104129)	2/8/2008 7:36:11 PM
From: Lizzie Tudor	Read Replies (2) of 306849

you should go to the places on this map that area colored rust color. It looks like Modesto east of me, that "inland valley" in the socal area that cramer blows his top about, Memphis, Miami and Flint. online.wsj.com the chart on the bottom scrolls. The areas with the highest median prices in the country, which are my area (SF and surrounding, and SJ and surrounding) also have the LOWEST default levels. Boulder has the absolute lowest, then SF then San Jose is 6 from the bottom. Contrast this with the HIGHEST default areas which are also in CA- Merced, Stockton and Modesto. Its a bizarre bifurcation.

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