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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (70741)	11/18/2008 2:45:47 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

Snowy, that's a post about women voting for social carnage though that was NOT their intention. When women and young people got the vote, they changed countries towards their ways of thinking, which was not all bad but did include women's ways and ignorant youthful ideology [I plead guilty to faulty and harmful ideas when I was young]. Stale post? Surely that post was original and unique. Okay, I admit to a very rare repetition of a brilliant insight, but usually in response to somebody repeating a falsehood - repeating lies is a time tested way of getting them accepted as true if there is no opposition which has to be repeated. Meanwhile, the bust continues ... < ... Sales of foreclosures and other distressed properties made up around 40 percent of transactions in the quarter, bringing down the median price by 9 percent from a year ago to $200,500. Sales fell in all but four states in the Realtors' group's report. The exceptions were Nevada, California, Arizona and Virginia, where buyers have been able to snap up foreclosed homes at a bargain. "A very large proportion of distressed home sales are taking place at discounted prices compared to more normal conditions a year ago," Charles McMillan, the Realtors group's president, said in a statement. That's especially true in places like Sacramento and Riverside, Calif., where prices were down 37 percent and 39 percent, respectively, from last year. The two California cities had the largest annual price declines in the report.> biz.yahoo.com Mqurice