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

To: Rutgers who wrote (28868)	3/28/2005 7:47:23 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 306849

Your sources are incorrect. Things are far from white hot. The slowdown has been fast and furious and Inventories in April are where they normally are in the depths of summer. In Nassau, median sale prices are down about 3-5% from the summer peaks as per www.mlslirealtor.com. Fairly priced properties (a relative term) are still moving swiftly.

To: Rutgers who wrote (28868)	4/6/2005 3:14:33 AM
From: Robohogs	Read Replies (1) \| Respond to of 306849

The ownership/rental cost differentials are too high to sustain for long. Manhattan is one of the areas that has bubbled heavily in the past and crashed. Only other markets with such severe moves are in Texas oil areas (crash in 80s/90s), Boston, California, and a few others. Coming collapse could be interesting but I guess I disagree with others as I think impact should be limited to Coasts with a medium recession. No stock market crash/dollar crash. My opinion. Jon