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

To: SouthFloridaGuy who wrote (39315)	8/27/2005 10:18:59 AM
From: KM	Respond to of 306849

You're doing the right thing. I also fought the urge to buy something in Santa Fe which I really like but rented something instead with a purchase option.

To: SouthFloridaGuy who wrote (39315)	8/27/2005 1:01:42 PM
From: Lizzie Tudor	Respond to of 306849

Unlike prior trends, this bubble seems to be deflating East to West rather than West to East. I think whoever has the strongest economy leads housing trends whatever they are.... in the early-mid 80s the housing boom (not a bubble then but definitely a boom) started on the east. We were hearing about houses going up 100K on the east, my friends at Berkeley were saying they went home and a Brownstone in NYC had gone up to one million. We didn't see that out here (not the one million price, we didn't get that until later, of course we don't have brownstones) until a year or two later.