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

To: Tradelite who wrote (63464)	10/7/2006 3:29:03 PM
From: Travis_Bickle	Read Replies (1) \| Respond to of 306849

Inventory in broward county is up 300% y-o-y.

To: Tradelite who wrote (63464)	10/7/2006 11:16:55 PM
From: Dan3	Read Replies (1) \| Respond to of 306849

Re: Is it so bad down there that even a desperation sale at a major discount won't work? He can't sell it because he can't get enough money for it to clear the lien against it, so he can't deliver clear title, so he can't sell it.

To: Tradelite who wrote (63464)	10/8/2006 3:33:48 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

'Is it so bad down there that even a desperation sale at a major discount won't work?' Only in areas that are way overbuilt or had too many speculators in the game. In built out single family markets with end users living there it is not that horrible. Price it right and market it properly it will sell with patience just like the normal days prebubble when real estate was not expected to go up and it was expected to take 6-12 monhts to sell your property..