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


To: John Koligman who wrote (119229)4/29/2008 12:02:04 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Try Port St. Lucie FL. Lots that were selling for over $100k are now selling in the $20s. $15k at auction.
Wanna see stuff selling for 90% off, go to Detroit.

Extremes yes, but we've only just begun.

People laughed me out of the room 2 years ago when I said 50% off in 2-3 years. Now they just grumble.