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

To: Jim McMannis who wrote (120566)5/4/2008 4:20:18 PM
From: posthumousoneRespond to of 306849
 
update on my acquaintance in canoga park ca. She heloced 200K 2 years ago. She is up to 5 months WITHOUT paying her mortgage and has yet to get a call from her mortgage company!!!!!!!

She is laughing her a$$ off at how good she has it. Just waiting for the bail out now to give her extra cash



To: Jim McMannis who wrote (120566)5/4/2008 11:20:42 PM
From: John ChenRead Replies (2) | Respond to of 306849
 
"There was new evidence that emerged of what the foreclosure crisis is doing to the value of California real estate. In a report issued Friday, real estate tracking firm Radar Logic finds average property values in San Jose lost 11.2 percent, San Francisco lost 14.1 percent, Los Angeles lost 19.3 percent and real estate in Sacramento is down 29.8 percent".

Looks like scare tactic to entice for FED handouts. RE never
go down in SV/Ca.


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