Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lizzie Tudor who wrote (49914)	3/9/2006 8:21:38 PM
From: Elroy Jetson	Respond to of 306849

Six Northern California MLS networks will consolidate, creating the Northern California Real Estate eXchange, which will have 46,000 subscribers in 11 counties. The MLS networks involved are: REInfolink; Contra Costa MLS; Bay East MLS; East Bay Regional Data; Central Valley MLS; San Francisco Association of Realtors MLS. .

To: Lizzie Tudor who wrote (49914)	3/10/2006 1:13:11 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Lizzie check to see what stuff you are looking at as a multiple of rent sold for at the last bottom. I can't see the value of buying $600-700k properties that rent for under $2k a month even with a 25% drop.. Rental property should sell at a cap rate of at least 3% over the 10 yr treasury. Interest rates should be on the upswing for years to come. Cap rates of 9%+ are available but I bet not anywhere near your until the coming downturn is near complete.