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

To: Logain Ablar who wrote (71317)	2/3/2007 11:07:31 AM
From: orkrious	Read Replies (1) \| Respond to of 306849

Wouldn't the time be best right in the middle of a recession. Detroit RE is already in a depression. As I said in this post Message 22731618 I can't wait for the bottom. Mrs. Ork has been patient for five years (going on six) and we need a better place to live. As long as I pay something akin to 2001 prices, I'll be happy. There are many houses here selling for what they did in the late 1990s. I may have to wait for someone to come down to something reasonable on a lake house, but if I pay $800k for a house which might have sold for $1.1 mil two or three years ago and would sell for $700k two years from now, I can't worry about it. I gotta live.