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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (291315)11/14/2010 11:14:44 PM
From: John VosillaRead Replies (1) of 306849
 
Most of your friends here going broke watching that stuff and making their 'bets'. No doubt markets like NYC, Boston, Philly, Seattle and SF are still overvalued and need another leg down.. The ground zero markets appeared to have bottomed a long time ago with most all the damage in 2007-08 and certainly most everything I see on the ground down here continues to reflect that. We are now entering 1992 in the timeframe of the prior 1986-96 bust. Recall how well the stock market did many of those years of declining overall home values and a jobless recovery too in the early 1990's....lol
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