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

To: John Vosilla who wrote (28118)	3/13/2005 5:44:54 PM
From: bentway	Read Replies (3) \| Respond to of 306849

Where do you get your foreclosure figures? I live in Salt Lake City, which has a lot of foreclosures, and I think Utah leads the nation in bankruptcies. ( a recent article here said that because most Utah compensation is so low, the new bankruptcy law wouldn't have much effect here. The majority of Utahan's don't make enough for it to apply to them ) Housing appreciated 5% here last quarter in some areas and here that is considered "hot", after years of no or very little appreciation. I moved here with the thought that housing here would hold it's value when the bubbles burst elsewhere I buy foreclosures, live in them and fix them up. I'll be looking for the next one in a year. I'm a bottom fisher - I figure that low end demand will always exist - people have to live somewhere!