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

To: energyplay who wrote (185207)2/20/2009 11:30:36 AM
From: THRead Replies (1) | Respond to of 306849
 
ep,

Could be. Or maybe some of the those jumbo loans that we have learned have seen a spike in foreclosures are the driver.

I think we may see some real markdowns happen in that area over the next six months. Once the reality that rollbacks to 02 or earlier sets in, I think many will try to cut and capture whatever gains they can. Property on the water or with a good view saw a huge increase of 500% in a decade.

GT
TH


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