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

To: patron_anejo_por_favor who wrote (123956)	5/19/2008 12:36:07 PM
From: saveslivesbyday	Respond to of 306849

Yep, calm as July 2007, before that annoying credit problem surfaced.

To: patron_anejo_por_favor who wrote (123956)	5/19/2008 1:45:01 PM
From: Jim McMannis	Respond to of 306849

Condo crunch in S. Florida good news for bargain hunters Real estate bust is big boon for foreign buyers sun-sentinel.com The glut of condominiums for sale in South Florida is attracting a legion of bargain hunters. Out-of-state and international buyers are descending on the area in search of deep discounts as prices continue to crater. They want to get in now and wait out the housing slump because they think the region remains a powerful long-term draw. With the lingering real estate downturn, now in its third year, some condos are selling at 25 to 60 percent less than during the boom times, when investors hoping to "flip" units bid up prices