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


To: Lizzie Tudor who wrote (86560)8/22/2007 1:13:01 PM
From: BWACRead Replies (1) | Respond to of 306849
 
<But here is the thing. Housing prices peaked here in Fall 05 as far as the speculative frenzy goes. That downdraft has been going on for a year and nothing really happened.>

BUT the magic ingredient of tight credit had not been stirred in until now.