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

To: CBurnett who wrote (123634)5/16/2008 9:37:54 PM
From: Giordano BrunoRespond to of 306849
 
>Believing lies is a survival skill now.<

Bingo.



To: CBurnett who wrote (123634)5/16/2008 9:43:50 PM
From: stomperRead Replies (1) | Respond to of 306849
 
<<Their is an erie stillness out there now>>

Yep, it's definitely in the ether. The edge is on, everyone I talk to at work knows someone who has had to sell their house at a substantial loss and move after being completely overextended.

...i figure we have about 9-12 more months till this implodes. Substantial new highs this year, lows most won't beleive possible and a "bottom" by 2012.



To: CBurnett who wrote (123634)5/16/2008 10:02:27 PM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
>>Their is an erie stillness out there now. Even the rush hour has a dull edge on it.<<

There's MUCH less traffic around Phoenix in am and pm rush hour than last May. Very, very noticeably less. I'd say we're well into recession here.


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