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

To: Don Earl who wrote (59150)	8/4/2006 9:37:15 PM
From: Broken_Clock	Respond to of 306849

Don Appraisals are rear view mirrors. Appraisers are now being told by lenders to actually shorten the time frame from 6 months to 3 months for comps. Now why would Countrywide do that? You guessed it. They know the market has turned. Are you out building spec now?

To: Don Earl who wrote (59150)	8/4/2006 11:37:53 PM
From: mishedlo	Read Replies (1) \| Respond to of 306849

Fuck taxes. Seriously. You expect the government to start taxing you less. Centex is offering 100,000 off on the price of a home, at a time when you insist that home prices are going up. Please get you head into some fresh air. It is not just Centex either, builders are offering incentives and reductions that amount to 25% of the house. And I am not just talking Florida either. Appraised values. Is that a joke? sheeesh. Mish