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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (49470)1/11/2006 2:37:29 PM
From: ild  Read Replies (1) | Respond to of 110194
 
According to Loan Performance, a San Francisco company which studies the mortgage market, the share of second-home and investor purchases has been between 31% and 39% in eight metro areas -- Las Vegas, San Francisco, West Palm Beach, Fla.,, Phoenix, Tucson, Ariz., Orlando, Fla., Honolulu and Monterey, Calif.

Other problematic markets with a 25% to 30% investor share include Miami, Tampa-St. Petersburg, Fresno, Calif., Riverside, Calif., San Diego, San Jose, Calif., Jacksonville, Fla. and Santa Rosa/Vallejo, Calif.


marketwatch.com