The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (239769)	3/18/2010 7:59:43 PM
From: John Vosilla	Read Replies (2) of 306849

I doubt it ever goes lower in the bubble bust areas in general. Actually not only are prices firm but inventory has tightened dramatically in some locales. Had a bidding war on two rehabs this year.. I love motivated sellers, cash flow,, tons of equity going into a deal, the control..the 15-25% operating yield versus cost of capital around 3-6% ect.. I hope it stays this way for 4-5 more years but most likely it won't last more than 2 at best. You know the pros out today think differently than those permabears sitting in the cheap seats constantly criticizing or the bubbleheads blown away by the crash.

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