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

To: Elroy Jetson who wrote (57800)	7/15/2006 11:18:41 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

Things are collapsing much faster than they did in 1986 to 1996 downturn what do you mean by this? The last RE downturn started in 1990, on labor day and the entire industry fell apart over one weekend (I thought).

To: Elroy Jetson who wrote (57800)	7/15/2006 11:55:07 PM
From: sammaster	Read Replies (1) \| Respond to of 306849

are land values marked to market each quarter or are they listed on the balance sheet at purchase price?

To: Elroy Jetson who wrote (57800)	7/16/2006 12:49:54 AM
From: renovator	Respond to of 306849

There is still so much REIT capital available they would be most likely buyers, but only at huge discounts to allow for the 10 year hold. I am presuming the number they would use would be a 10 year turn from buy to final sell out if they are being conservative with historical cycles. Given the pool of funds a lot of the fear of being early could be overridden by the competition to do deals.

To: Elroy Jetson who wrote (57800)	7/16/2006 4:25:46 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

'Look for large "extraordinary write-offs" from the publicly traded home builders in their next quarterly reports' Is that likely? Or do they have to wait until the yearly audit after the once a yr MAI appraisals are done for massive adjustments of that size? Seems hard for me to believe they can adjust downward just from inhouse appraisals or CMA from a broker.