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

To: Skeeter Bug who wrote (11309)6/20/2003 12:01:55 PM
From: Ramsey SuRead Replies (1) | Respond to of 306849
 
not to mention all the people in the industry who are really just temps.



To: Skeeter Bug who wrote (11309)6/20/2003 4:47:05 PM
From: Jim McMannisRespond to of 306849
 
RE:"the $100s of billions in refi dollars will come to an abrupt end reducing demand even more"

Sure hasn't ended here in FL. On top of that most people now are buying houses with the idea they can flip it in a couple years and make big money. So much for the idea that you get all those tax breaks to promote "home ownership". Who knows how long this greater fool theory can play?
If rates go lower a whole new round of refi can take place. No job, who cares.

Jim


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