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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (5302)9/14/2002 10:47:30 AM
From: fattyRespond to of 306849
 
I think here is the interesting part:

money.cnn.com

>"The supply of homes is very lean by historical standards," says Lawrence Yun, senior economist at the National Association of Realtors. "We also have the lowest mortgage rates in 35 years." Yun adds that people are making larger down payments on their homes than in recent years, giving them more equity should they need to draw on it.

I wonder who is making larger downpayment these days? Larger in dollar or percentage? Why are we getting conflicting reports from different sources?