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

To: John Vosilla who wrote (239765)	3/2/2010 4:33:34 AM
From: THE ANT	Read Replies (2) \| Respond to of 306849

John,would you give more detail on the type of condo that might sell for 40K or less that would rent for 750 a month?I am still looking near Key West but the nice stuff is just beginnig to fall.I heard they had their first short sale in 12 years in the lower keys last month

To: John Vosilla who wrote (239765)	3/2/2010 11:53:55 AM
From: Broken_Clock	Read Replies (2) \| Respond to of 306849

Looks like even Phoenix pricing is quite reasonable probably even lower single family compared to much of FL for what you get === PHX does 40k sales a year. B of A just started a new program to dump shadow inventory into the already depressed market. 2,000 homes a month for 2 years. How's that compute?