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

To: Micawber who wrote (46258)	12/29/2005 8:22:29 AM
From: ChrisJP	Read Replies (1) \| Respond to of 306849

A sharp fall in mortgage rates since the early 1980's, a decline in mortgage fees and a rise in incomes have more than made up for rising house prices in almost every place outside of New York, Washington, Miami and along the coast in California. Ummmmmmmmm .... when you include the Boston area, Connecticut to that list, you're talking about areas where about 80 million people live. lol Chris

To: Micawber who wrote (46258)	12/29/2005 8:36:02 AM
From: Proud_Infidel	Respond to of 306849

Re: Despite a widespread sense that real estate has never been more expensive, families in the vast majority of the country can still buy a house for a smaller share of their income than they could have a generation ago. ........unless you live on the east or west coast, or in areas between;-)