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


To: Tradelite who wrote (16089)1/16/2004 9:46:21 AM
From: jjs_ynotRead Replies (1) | Respond to of 306849
 
Tradelite,

>>> Traffic is getting so bad and gas prices have gotten so high that you might just see many more suburban SUV drivers migrating to in-town living, <<<

UGGHH. Traffic was unbearable when I lived in Northern Va 10 years ago and had to commute to Rosslyn/Arlington.

I guess no new roads have been added but population has increased.



To: Tradelite who wrote (16089)1/16/2004 10:23:08 AM
From: STEVERead Replies (2) | Respond to of 306849
 
"However, your area and mine are likely to keep on experiencing some degree of shortage in homes in the lower-to-middle price ranges. Good houses priced for the $300-700K buyers were hot sellers even 6 years ago. They're like gold today".

Which areas are you guys in. I'm looking in Bergen Cty, NJ in the 750K range and have been holding out for the last year for a drop. Now I'm beginning to doubt if towns like Ridgewood will ever drop....maybe sideways for a while.