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

To: CalculatedRisk who wrote (34301)6/24/2005 12:46:27 AM
From: bentwayRead Replies (1) | Respond to of 306849
 
In my experience, once prices start declining, buyers start waiting for further drops and become VERY scarce rapidly. It doesn't take dramatic declines for this to happen, just a perception that prices are headed down. Once the dynamic sets in, it seems like a sucker play to buy at all. The flip side of mania.



To: CalculatedRisk who wrote (34301)6/24/2005 1:58:06 AM
From: ildRespond to of 306849
 
I think that the prices in bubblicious new construction areas will see a big quick drop first and slow bleeding afterwards.



To: CalculatedRisk who wrote (34301)6/24/2005 3:15:14 AM
From: Amy JRespond to of 306849
 
Supreme Court Rules Cities May Seize Homes

Cities may bulldoze people's homes to make way for shopping malls or other private development

tinyurl.com


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