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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 (212877)	7/28/2009 10:17:25 AM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

While we're on that subject, just where is all the money coming to buy $3000 mattress sets? Or maybe they're being bougght by GS to stash the loot......

To: Jim McMannis who wrote (212877)	7/28/2009 10:27:28 AM
From: MoneyPenny	Respond to of 306849

They have lots of other names amongst the suppliers. They are on credit hold everywhere and designers can't place special orders. Sarasota has never been a good showroom for them, not like Naples or Scottsdale. I worked there for several years during the boom doing models at $80 to 100 per sq ft.for furniture/decorating. Builders thought it a bargain. The fellow that went to Las Vegas to open that showroom was looking forward to $150 sf budgets. I don't think they have done any in anything close to that price range. MP