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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: P.Prazeres who wrote (42889)8/10/1999 8:00:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Paulo the price is steady on a relative basis to interest rates.

I am not sure if your numbers are reflective of NYC area, but for house prices to match the national reported inflation they need to drop around 15% relative to interest rates, which will result in a drop of around 25% from June average prices.

Haim



To: P.Prazeres who wrote (42889)8/10/1999 10:50:00 AM
From: Paxb2u  Respond to of 94695
 
P.Prazeres,

Sorry, not down here--- Peter, Montgomery, Al



To: P.Prazeres who wrote (42889)8/10/1999 2:37:00 PM
From: Lazarus_Long  Respond to of 94695
 
Not here in Silicon Valley. Still up to even more ridiculous levels.


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