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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (164518)11/15/2008 4:38:16 PM
From: Patricia TrincheroRead Replies (1) of 306849
 
I live in that county ( Santa Clara). Our local paper had 13 homes listed that sold last week. Only two were sales from private owner to private owner ( and one of those was an estate sale ). The rest were sales from a financial institution to a private buyer. ( short sales from a foreclosure ).

We're fine, but we may sell out during the next recovery ( if there is one ).
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