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


To: SouthFloridaGuy who wrote (234052)12/22/2009 9:25:54 PM
From: Broken_ClockRead Replies (1) | Respond to of 306849
 
I do think even within the aggregate data, the SURPRISE will come with how fast housing prices go back to the old highs on a national level. I think within 4 years
====

rotflmao!!!!!!

Start a thread and PLEASE make that the first post.



To: SouthFloridaGuy who wrote (234052)12/22/2009 10:43:30 PM
From: BWACRead Replies (1) | Respond to of 306849
 
<<I do think even within the aggregate data, the SURPRISE will come with how fast housing prices go back to the old highs on a national level. I think within 4 years (along with real GDP and IP) at which point they will stall.>>

Not gonna happen unless the banksters begin lending again soon and some well paying jobs return.



To: SouthFloridaGuy who wrote (234052)12/23/2009 12:10:28 AM
From: Bank Holding CompanyRead Replies (1) | Respond to of 306849
 
> the SURPRISE will come with how fast housing prices go back to the old highs on a national level. I think within 4 years
<<

Dude if that happens i'll fly over to London and Kiss Your Ass and I mean it.



To: SouthFloridaGuy who wrote (234052)12/23/2009 3:22:35 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
I do think even within the aggregate data, the SURPRISE will come with how fast housing prices go back to the old highs on a national level. I think within 4 years (along with real GDP and IP) at which point they will stall.


I'd be inclined to agree with you if I hadn't lived through the pain of the last housing recession. I expect price recovery to previous highs in about twice to three times that time frame considering the magnitude of the insanity that preceded this crash. In some areas, prices will not recover previous high water marks for 20 years, if at all.

I'd expect to see NASDAQ 5000 sooner than a RE recovery that reaches previous highs and I'm not expecting NASDAQ 5000 any time soon.