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 Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (56545)	3/23/2006 12:59:00 AM
From: John Vosilla	Respond to of 110194

It is entirely possible some areas that ran up will pause. You might have a big drop in condo prices due to overbuilding and too many controlled by speculators while the single family in that same market might have a tight supply and is mostly owner occupied. But contrary to that theory my home in a stable owner occupied built out neighborhood is easily down 10% from the fall 2005 top so I can't imagine overbuilt second home and condo markets anywhere fairing much better these days.. This has become what appears to be a fairly illiquid, buyer on strike, speculators left holding the bag market on a national basis in a hurry it seems.