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


To: mishedlo who wrote (25505)11/30/2004 10:30:41 AM
From: ADRespond to of 306849
 
well you know what happens when too many people step to one side of a ship

For a year already, there has been a glut of investment condos on the desirable MD shore

Many can't rent them out for any price.

And so much being built will go unsold imo



To: mishedlo who wrote (25505)11/30/2004 8:43:24 PM
From: David JonesRespond to of 306849
 
>>>>>>It's the largest investor share since at least 1986<<<<<<

As I more than less always known there's of lots of new landlords out there screwing up my income. If there is an obvious drop in pricing and a run to sell those that are still able to take the 250/500k will be first to rush the sell. So if you enter into a purchase during such a down turn it would be wise to keep in mind the seller may need to bail out for tax advantage reasons. A few questions and counting on your fingers might give you some insight.