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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Peter V who wrote (234270)12/26/2009 11:38:03 PM
From: John VosillaRead Replies (1) of 306849
 
It is a vast generalization to make that assumption. For me now it is all about finding the equity to justify the risk and hassle of monetizing it. I'm staying away from run down old blue collar hoods, from primarily ghettos, from primarily barrios, from land, most condos and from older pre 1976 manufactured housing in part due to the financing issue you raised and also cause I have so many other better options. A newer suburban area of 3/2/2 and 4/2/2 with mix blue collar and some professional and good schools are my favorites price range about $80-150k in much of my state. But I also don't want almost new built during the bubble late 2004 into 2007 until unknown Chinese drywall issues are resolved.
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