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


To: Elroy Jetson who wrote (104249)2/9/2008 4:32:45 PM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
OUCH! That's enough to start another round of foreclosures.

Seems like it might be a smart way to clear out some of their cancellation inventory. I wonder how many cancelled homes the builders are still holding.

Anyone have a feel for average number of months inventory of used homes nationwide? Just realized that I haven't seen any figures on that in almost 6 months!



To: Elroy Jetson who wrote (104249)2/9/2008 5:29:53 PM
From: grusumRespond to of 306849
 
"prices offered up to 50% off"... which means maybe one home will be 50% off and the rest 5% to 10% off...