Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (39107)	8/25/2005 11:48:23 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 306849

Surrounding Areas always see the stress first. I grew up in Modesto, CA and remember the late 80's boom well. Same Sh!t going on back then, people commuting beccause they couldn't afford bay area home prices. What happened? Bay Area stagnated but Central Valley crashed back to Earth. Back then the traffic wasn't that bad and we couldn't figure out who on Earth would commute an 1 hour 15 or 1 hour 30 each way to work. Now that same commute is 2-2.5 hours I hear. No doubt people will burn out...except this time I'd imagine it will be a lot faster than back then, especially given $3 gas on the horizon.

To: Lizzie Tudor who wrote (39107)	8/26/2005 1:49:22 AM
From: David Jones	Respond to of 306849

>>>>in my area which is also N Ca.<<<< San Mateo is a long way form East Sac and Rancho Cordova, better than a hundred miles. It's location loc....

To: Lizzie Tudor who wrote (39107)	8/26/2005 1:55:03 AM
From: CalculatedRisk	Read Replies (1) \| Respond to of 306849

Area faces falling home prices Metro Detroit's housing market looks bleak as auto industry woes, high jobless rate take toll. detnews.com Metro Detroit's housing market has just one thing in common with white-hot real estate in other U.S. cities -- the bottom could fall out in the near future. Unlike San Francisco or Tampa, Fla., however, where rapidly escalating prices have created fear of a housing bubble that might burst, Metro Detroit home prices are in danger of going from stagnant to rapidly declining. <MORE>