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

To: SGJ who wrote (47272)1/18/2006 11:05:10 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
I disagree. Starter highly leveraged first time homebuyers get hit as hard as anyone else.

Texas markets at low to middle end do rebound big coming out of this mess.. Builders already pulling out of Dallas and Houston as can't make money in large part due to low selling prices not cover skyrocketing costs of construction. Eventually current oversupply gets absorbed after end of this building boom due to continued population explosion there..



To: SGJ who wrote (47272)1/18/2006 11:07:56 AM
From: KMRead Replies (3) | Respond to of 306849
 
Hey, Tex. Remember 1990? Entire subdivisions of sub-200K homes in Austin, Dallas and Houston in foreclosure.


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