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


To: John Vosilla who wrote (47271)1/18/2006 10:58:49 AM
From: SGJRead Replies (2) | Respond to of 306849
 
I don't think homes priced under $200,000 are going to be affected that much by any real estate slowdown. When a slowdown hit the dfw market right after 9/11, that segment rocked right along.



To: John Vosilla who wrote (47271)1/18/2006 12:48:59 PM
From: bentwayRespond to of 306849
 
"Median down payment: 2%*
Purchased with no money down: 43%"

How times have changed! Not long ago, that first figure would have HAD to have been at least 20%, and the second figure would have only applied to REO's and foreclosures and been probably much less than 10%.