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

To: MulhollandDrive who wrote (76273)4/18/2007 4:50:17 PM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
The perfect storm is setting up in the real estate market for later this year. All the forces are converging to make for a disaster like this country has never seen. Fortunately I don't know anyone who is overstretched in real estate anymore. Everyone I care about got out in the past year, and most had Florida properties.



To: MulhollandDrive who wrote (76273)4/18/2007 4:52:15 PM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Homebuilders back to building because we've turned the corner: INCREASES SUPPLY
Lenders stuck with foreclosures to sell: INCREASES SUPPLY
Lenders tightening credit (requiring down payments, oh, the humanity<s>): DECREASES DEMAND
Realtor forecast: BOTTOM IS IN

There's an inconsistency in there somewhere...

BC


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