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

To: John Vosilla who wrote (84596)	8/10/2007 11:22:05 PM
From: Lizzie Tudor	Respond to of 306849

yeah- this list of the US cities with highest foreclosure includes Lodi/Stockton which is an inland area of N Ca. So if you wan to include those areas you can get great deals now. I don't think so in SF or the peninsula, really desirable areas of Silicon Valley. But that is just MO. images.businessweek.com

To: John Vosilla who wrote (84596)	8/10/2007 11:39:20 PM
From: Live2Sail	Respond to of 306849

"arts of Sacramento are already down by that much. Obviously you are land constrained in SF and there wasn't the speculation and overbuilding. You probably do get a combination of a drop in prices and drop in purchasing power of your dollar equal to near your figure in the next 3-5 years.. A 50% nominal drop there across the board by itself highly unlikely and would signal a probable depression.." I agree, but Puhlease, John, don't compare Sacto with SF!