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


To: Tradelite who wrote (21411)6/5/2004 10:41:01 PM
From: Jim McMannisRespond to of 306849
 
One more hit and it's katy bar the door in south Florida. Already our insurance rates are through the roof.

If the state (especially dade county) hadn't upped the hurricane building code the insurance companies would have left already.

What's a house worth without insurance?



To: Tradelite who wrote (21411)6/7/2004 11:49:59 AM
From: TradeliteRespond to of 306849
 
Today's Wall Street Journal contains a couple of interesting stories. Sorry, I have no way to post them, but maybe someone else can if interested.

One that caught my eye is on page B5....

Hotel Rates Rise as Business Travel Booms, by Christina Binkley.

Big hotels are charging higher prices and are willing to have some vacancies in favor of charging more. This pricing recovery is reportedly widespread but "is bypassing cities with weaker economies, such as San Fran, Seattle and Dallas".

Another interesting story about inflation appears on page C1. "Investors Cross Fingers as Inflation Looms"