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

To: Broken_Clock who wrote (224875)10/14/2009 9:03:30 PM
From: Secret_Agent_ManRead Replies (3) | Respond to of 306849
 
just wondering, after he buys all those "cheap" houses, who is going to buy them from him since no one will have any jobs or any money for that matter- then there are taxes/utilities/maintenance...so unless people get jobs from some sort of industry besides m'c'd's i smell a problem just ask the folks in detroit-



To: Broken_Clock who wrote (224875)10/14/2009 9:49:25 PM
From: CalculatedRiskRead Replies (1) | Respond to of 306849
 
Yes, I'd be careful in the Inland Empire. I spoke with an investor group tonight, and they said there was a spike in prices over the summer - but they are already seeing prices fall again and more inventory coming on the market.

Every area is different ...


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