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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (232376)	12/23/2007 4:14:47 PM
From: Nadine Carroll	Respond to of 794309

For sure, nobody is claiming that the housing sector is doing great, esp. in former boom markets like Fla. So it's a mixed bag. However, I don't think either of us is in doubt how this mixed bag would get reported if Hillary Clinton instead of George Bush were now in the White House.

To: JDN who wrote (232376)	12/23/2007 4:33:07 PM
From: Bearcatbob	Read Replies (2) \| Respond to of 794309

JDN, Let me tell you my real estate problems. I have a family home to sell in Florida and Ohio. The Florida one is now offered at about 65% of what it would have sold for two years ago. I have no - no - offers or traffic. Florida is terrible. The house in Ohio is not yet up for sale - no reason to hurry. That will go for 60% of what it was worth 2 years ago. So when I see housing prices are down small percentages I have to laugh. The statistic stinks. The prices would be even lower if the ask prices were moved to meet the current market. On top of this we found out today what the house next door sold for this summer. That one went for about 55% of what it sold for about 4 years ago. Now it needed work and the people needed to sell - so - that explains some. All in all I would say housing prices are down 35 - 40% - at least in Ohio and Florida. Bob