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

To: Les H who wrote (81475)	7/18/2007 11:02:51 PM
From: Les H	Read Replies (1) \| Respond to of 306849

RE appraisers face pressure to raise property values pensacolanewsjournal.com

To: Les H who wrote (81475)	7/19/2007 11:19:02 AM
From: Pogeu Mahone	Respond to of 306849

At some point the banks are going to be puking up the REO. The banks wanting full retail is greedy, soon they will realize they are bad landlords. I pass houses and condos auctioned last year(no bids accepted)in Broward county that are still empty. As a matter of fact i have not passed one that is occupied. In one 2 year old development 200(maybe more,they are all for rent@1/3 of carrying cost) out of 300 condos are for sale on west Las olas Everybody is waiting for the good times to reappear next month:o) Fat chance. Going back to New England until oct.