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

To: John Vosilla who wrote (60035)	8/16/2006 2:23:49 PM
From: damainman	Read Replies (1) \| Respond to of 306849

This one can be had for the price of a call option!. Maybe I'll use this one as a hedge next time I decide to get short the homies...

To: John Vosilla who wrote (60035)	8/16/2006 9:46:50 PM
From: Les H	Read Replies (2) \| Respond to of 306849

July sales down a whopping 39% versus year ago fcnp.com "Virginia is among the five states in the entire U.S. with the biggest drop in home sales over the second quarter of a year ago, and in Northern Virginia, including Falls Church and its immediate neighbors, July sales dropped a whopping 39% over a year ago with the average home sale price dropping almost 4%." Checking some of the used condo listings in this site reston-condos.com that someone provided long ago, many seem to be listed at exactly 10 percent under the county-appraisal value.

To: John Vosilla who wrote (60035)	8/25/2006 2:15:27 PM
From: Tradelite	Respond to of 306849

<<Any insight into this local builder from your area? Looks like they are going under.. I thought DC was bullet proof<g> finance.yahoo.com; I know Comstock has its headquarters in the DC area, but it builds in many places. The last homes I knew of that Comstock built in my zip code were built years ago. My zip code and immediate area doesn't have a lot of land left for builders to go bankrupt with, other than tiny builders you'll never hear of who are building on infill lots. I can see a bunch of homes scattered around that the little guys are putting up on spec and probably will die with, but they're not good homes and these little guys got a late start on the market. This type of builder lost once before, will probably lose again. <<GG>>