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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (31787)5/5/2005 11:23:07 AM
From: ild  Read Replies (2) | Respond to of 110194
 
<<< it appears we have finally slowed >>>

What do you mean?

Here in Orange County inventory stays low, healthy transaction volume, prices are about 5% over peak prices of 2004. Eventually we will run out of willing and qualified buyers, but not there yet.



To: Ramsey Su who wrote (31787)5/5/2005 11:42:50 AM
From: sciAticA errAticA  Read Replies (1) | Respond to of 110194
 
re: first hand reports from Floridians

West Central Coast:

It's full speed ahead, with full abandon... and no sense that it can or will end...

Home appreciation, as touted by the powerful Realtor industry, is presently on a par with giddy extremes associated with the hottest of west coast markets...

As we all know, only so much waterfront, or peripheral access to waterfront, or interior regions adjacent to areas with peripheral access to waterfront, exists.

An additional rationalization for this region is that a constant future stream of retiring Boomers will buoy real estate in perpetuity...

In light of current reports on national savings, one might wonder what percentage of this demographic will be retiring... especially with resources to pad an inflated retirement nest...

Speculation of this nature, however, reflects an attitude that is not welcome.



To: Ramsey Su who wrote (31787)5/5/2005 1:56:26 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Living in Florida and having been in Vegas, Phoenix and SoCal recently all still appear to be red hot with almost no inventory. Whether it is land constrained built out older areas or brand new areas with unlimited opportunities for even more development these markets are still all red hot. The longer this goes on the harder the fall when this ultra loose underwriting and record low interest period ends.