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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (68149)	8/28/2007 1:18:05 PM
From: benwood	Read Replies (1) \| Respond to of 116555

We're late to the party. Washington and Oregon were two of the hardest hit in the last recession, and both have strong economies at the moment and still fairly high demand. I still do not see that much inventory around the city, quite a bit less than other periods in fact.

To: Steve Lokness who wrote (68149)	8/28/2007 10:51:31 PM
From: bigfishy	Read Replies (1) \| Respond to of 116555

Steve, a few places may dodge the bullets. This from MSN bus. week today. As home sales slide, foreclosure rates rise and big lenders go bankrupt, it's hard to think of the glass being half-full, rather than half-empty, when it comes to real estate these days. Unless, that is, you live in Salt Lake City. Or Binghamton, N.Y., Salem, Ore., or Allentown, Pa. In these U.S. metropolitan areas, and in 93 others, existing-single-family-home prices actually increased in the second quarter of 2007 from a year earlier, according to the National Association of Realtors. The national median home price, meanwhile, fell 1.5%, to $223,800, in the same period. realestate.msn.com