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

To: Lizzie Tudor who wrote (60558)8/23/2006 4:54:36 PM
From: John VosillaRead Replies (3) | Respond to of 306849
 
'contrary to the RE pros here I am thinking Fall 07 will have about as good of bargains as anytime'

You buy way below market or for excellent cash flow or just an inexpensive place to live relative to rent at various points in the cycle. Now is a good time in many midwest markets. California will be good once most in the game unfortunately get wiped out. Since it is so overprice and cash flow s**cks and rent is so cheap relative to price it might be 3-4 more years unless you are an insider buying way below market..



To: Lizzie Tudor who wrote (60558)8/23/2006 6:07:01 PM
From: ChrisJPRead Replies (1) | Respond to of 306849
 
Fall 07 -- if you put in a low ball bid on a foreclosure, you'll probably do fine.

I'm thinking late 08 maybe mid 09 -- it usually takes 3 years for bubbles to bottom out.

Chris


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