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

To: Lizzie Tudor who wrote (41799)9/22/2005 12:18:03 AM
From: Live2SailRead Replies (1) | Respond to of 306849
 
Lizzie,

I don't understand, who denies that prices fell after 2000? In fact, on the high end prices might have fallen by %50 if deals got closed. On the low-end prices might have stayed firm.

Prices also fell in '97-'98 during the Asian Contagion, but the dip was brief due to Easy Al pumping the economy back up.

L2S



To: Lizzie Tudor who wrote (41799)9/22/2005 1:21:52 AM
From: John VosillaRespond to of 306849
 
"If I were new to this area now, I would rent. Renting is better than I have ever seen it before. Its a steal."

Just one indicator that says home prices are way overvalued<g>


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