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

To: Sea Otter who wrote (86272)	8/20/2007 10:42:18 PM
From: John Chen	Read Replies (1) \| Respond to of 306849

Sea Otter,re:"the Republicans deciding to invade another country, I don't see that changing.". Wish to retract that statement? Bush/Republican/whoever is desperate for good showing. Even if they don't invade another country, they'll talk it up and keep it in the head of people's mind. No other better way than this to get votes. Ok, there was a better way, religion.

To: Sea Otter who wrote (86272)	8/20/2007 10:51:06 PM
From: Snowshoe	Read Replies (1) \| Respond to of 306849

In Alaska we're seeing an elevated level of mortgage defaults that started last fall. They are projecting 1,200 statewide by year end, in a population of 650K. The market is getting sluggish. Nobody seems very worried yet. The economy is still quite strong, and the state has $40 billion in the bank. But oil production is declining, and so is federal funding. Things could get dicy in a few years.