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

To: Elroy Jetson who wrote (18607)	3/15/2004 3:09:01 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<They become desperate to save what equity remains. >> I thought it was your conclusion that homeowners have no equity to save. <g> Seriously, I don't think economic conditions are such that many people today entertain the thought of selling unless they really really have to. Most of them probably feel they paid so much for the house they're in, that they can't conceive of moving and getting something else. Even a lesser house would probably cost them more in the end. Time will tell, I guess.