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

To: Peter V who wrote (234270)12/26/2009 11:38:03 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
It is a vast generalization to make that assumption. For me now it is all about finding the equity to justify the risk and hassle of monetizing it. I'm staying away from run down old blue collar hoods, from primarily ghettos, from primarily barrios, from land, most condos and from older pre 1976 manufactured housing in part due to the financing issue you raised and also cause I have so many other better options. A newer suburban area of 3/2/2 and 4/2/2 with mix blue collar and some professional and good schools are my favorites price range about $80-150k in much of my state. But I also don't want almost new built during the bubble late 2004 into 2007 until unknown Chinese drywall issues are resolved.



To: Peter V who wrote (234270)12/28/2009 1:47:14 PM
From: damainmanRespond to of 306849
 
Investors/buyers have pretty much picked over the prime areas but the inland areas still have more homes than anyone knows what to do with.

Message 26205142

There are literally tons like this all over the central valley/desert areas of Ca. and you'll do even better if you buy at the courthouse.


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