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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (82314)6/1/2007 12:18:44 PM
From: Jim McMannis  Read Replies (2) | Respond to of 110194
 
Foreclosures are building with dropping prices. At some point it will really slow/stagnate the market as foreclosure processing is increasing. Houses are in Limbo.

The 3rd wave (down) in home prices will accelerate when these foreclosures are increasingly unleashed on the market. Prolly starting late this year and next.



To: John Vosilla who wrote (82314)6/1/2007 12:35:12 PM
From: organicgerry  Read Replies (1) | Respond to of 110194
 
Cape Coral taxable property values plummeted 4.13 percent or almost $1 billion over the past year.

Lehigh Acres residents could see their fire services suffer after preliminary numbers show a 10 percent drop in taxable property value

news-press.com


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