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To: Oblomov who wrote (223075)	2/21/2003 2:51:23 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<I think that defaults and foreclosures influence prices on a block-by-block basis rather than statewide or nationwide. In any case, the RE market here does not have the spectacular peaks and valleys of the coastal urban markets.>> That all makes sense...I've noticed that spreads between home prices and rental rates in many smaller midwest communities (<150,000 population) are at VERY attractive levels for investors as well, although a lot depends on the microeconomic pictures in specific communities. How's Ft. Wayne doing these days, for example....