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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 (130215)	6/24/2008 2:21:11 PM
From: Elroy Jetson	Respond to of 306849

My favorite quote was from the owner of the largest real estate brokerage firm in Southern California . . . in the Tradelite fashion. "The current pause in housing appreciation provides a brief opportunity for home buyers to purchase before home prices resume their 20% plus appreciation in the first quarter of 1990." -- Fred Sands, November 1989, Los Angeles Times A few years later Fred decided to sell his "Fred Sands Realty" to Coldwell Banker for what little he could get. You'd love the quotes from the real estate bubble of 1880-1889 in Southern California, found in "The Boom of the Eighties - in Southern California" by Glenn S. Dumke, copyright 1944. amazon.com