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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: TH who wrote (196903)4/19/2009 1:37:54 PM
From: Skeeter BugRead Replies (1) of 306849
 
TH, 2-4 years out will be golden. i'm refinancing out to 30 years at 40% with lots of cash out, selling a paid off condo (hopefully for more than a cup of coffee ;-) and parking the cash until prices come to daddy, too.

and they will - maybe down 50% from current values in many, but not all (the currently battered areas may not fall another 50% as they are already down 50-60%), areas.

this also might be the time to convert an ira into a roth ira - tax rates will skyrocket at some point. if you do it after your move to CA, you get hit with a 10% bogey.
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