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

To: Tradelite who wrote (16017)1/15/2004 11:24:07 AM
From: Wyätt GwyönRead Replies (1) | Respond to of 306849
 
Definition of value for residential property = what buyers are willing to pay and sellers are willing to accept. Always!

you're in fine company: that's EXACTLY what the people who bought Internet stocks said in March 2003. according to this definition, nothing can ever be overvalued. have you met Pangloss?



To: Tradelite who wrote (16017)1/15/2004 11:44:54 AM
From: Les HRead Replies (1) | Respond to of 306849
 
[quote]Definition of value for residential property = what buyers are willing to pay and sellers are willing to accept. Always! (or have the rules changed?) [/quote]

that formula's been corrupted by the downpayment gifts and the 103% loans. add what lenders are willing to lend.


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