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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: TH who wrote (196889)4/19/2009 4:54:05 PM
From: Live2SailRead Replies (1) of 306849
 
TH,

Long time, no read.
"'m still thinking about it, but Vegas just does not have the broad appeal I'm looking for."

And Cali has the appealing broads!

Self-employed people are coughing up a lung. Even here in Palo Alto, we have a few foreclosures on properties of 1-1.6M. From digging around on the web, it looks like they're self-employed. I communicated with a mid-to-high-end interior designer who has to cough up her rather minty, '93 Porsche 928 GTS to cover costs. For some, desperation has set in.

Be that as it may, if I listen to ECRI, (and they have been bery, bery good to me), the economy will be turning up in 3-6 months. The others are correct about the dire tax situation.

L2S
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