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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (443048)	12/29/2008 1:20:10 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1575624

Miami/beach is due for another 25% haircut in 2009. 2010 is still too hard to gauge. Probably another 5-10%.

To: tejek who wrote (443048)	12/29/2008 2:35:50 PM
From: Road Walker	Read Replies (1) \| Respond to of 1575624

re: BTW reading the title of the article I expected it to be another hit piece on the housing market. Instead, it was not as negative as expected. This isn't negative? "That's because the big story in 2009 could be that, with the deepening recession and mounting job losses, serious housing troubles could infect wealthier communities and markets that were just beginning to stabilize this summer before the bankruptcy of Lehman Brothers on Sept. 15 sparked the most serious financial turmoil in decades. In fact, according to online real estate research firm HousingPredictor.com, based in Destin, Fla., housing prices nationwide will fall 12.5% next year, compared with an estimated 11.1% this year." Did you ever buy that house you liked? No... don't think the market has bottomed. That and inertia... it's a lot of work to buy a house and I'm pretty busy and pretty lazy.