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

To: russwinter who wrote (36911)	7/25/2005 1:13:28 PM
From: John Vosilla	Respond to of 110194

A big part could be a move back to more conservative appraisals. Difficulties in getting real comps at even higher levels in tight markets. Also much more scrutiny on the new high end condos attempting to be flipped both by underwriters and the appraisers setting the moving target of a value. Also more and more prices over the Fannie Mae limit.