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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (120566)5/4/2008 11:20:42 PM
From: John ChenRead Replies (2) of 306849
 
"There was new evidence that emerged of what the foreclosure crisis is doing to the value of California real estate. In a report issued Friday, real estate tracking firm Radar Logic finds average property values in San Jose lost 11.2 percent, San Francisco lost 14.1 percent, Los Angeles lost 19.3 percent and real estate in Sacramento is down 29.8 percent".

Looks like scare tactic to entice for FED handouts. RE never
go down in SV/Ca.
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