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

To: mishedlo who wrote (39289)	8/26/2005 11:48:51 PM
From: bentway	Read Replies (1) \| Respond to of 306849

Danville isn't alone in that, although prices seem EXCEPTIONALLY low there. When I'm looking, I spend hours on Realtor.com and the GSE websites looking for promising properties. Flyover country is littered with them. There are way more boarded up foreclosures in flyover country going for a song than there are foreclosures period in the bubble markets. In the bubble areas, they seem to price in the repairs you'll do on a foreclosure before they are done, which certainly kills my enthusiasm!