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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: surfbaron who wrote (4789)	8/19/2002 12:53:14 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

new evidence of real estate TOP: Boston bigs selling just got a phone call from a best friend in Boston area we hung out together frequently in church, bbq's, restaurants, tennis, ski he said two powerhouse leaders just sold 100% of their entire residential property any commercial property desired for sale is being retained, since pricing is very soft/poor the Boston Globe newspaper is his source of info first is Flatley, who owns the Tara chain I used to have Digital meetings in Nashua Sheraton Tara (NH) and used to have Staples Christmas parties in Framingham Sheraton Tara (MA) well Flatley sold all his residential, and still holds the commercials like Tara second is DeWolfe, a regional real estate broker/owner he sold all his residential, and holds his brokerage agency each owner is a man in young 70's each is a major player in Boston Real Estate market each sold out, at what I believe to be... THE TOP my friend Ed owns considerable commercial property himself this autumn and winter, he sold 50% of his properties he said he thought it was the top, or close to it we agreed that the biggest asset implosion in stock history has now become a big economic damper, with only real estate holding up among asset groups, primarily because of low mortgage rates if jobs deteriorate, or rates rise, then RE breaks down Fast Eddy is a sharp guy, a nice Armenian guy (one eyebrow) a good tennis backhand, but not as good as mine a real good serve, better than mine but no net game to contend with mine I love the guy, and miss hanging with him very much / jim