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

To: X Y Zebra who wrote (40703)	9/5/2005 10:16:58 PM
From: Lizzie Tudor	Respond to of 306849

where are the local markets you like? California is its own microclimate. I'm not predicting a recession (not that I am any kind of great economic oracle, it just doesn't seem like gas and Katrina will drive us under to me... I think gas is peaking)... so housing will have to stay strong somewhere. But where. Do you like the phoenix area? I think Las Vegas is really quite overbuilt. I went there one weekend and was amazed at the amt of property for lease as California investors have bought up new homes for investment.