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

To: loantech who wrote (64176)6/20/2006 2:07:11 PM
From: John Vosilla  Respond to of 110194
 
'Well if we get big breaks in condo pricing I think it will affect the single family dwelling market too.'

Perhaps but these high end condos seem so detached from reality. I mean $600k for a small 2/2 condo that is oversupplied in urban gentrified hood versus $450k for a large 4/2.5 home on a nice lot in the built out burbs not too far out. Seems these folks paid a huge premium for new granite countertops<g>


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