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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 (274806)	9/10/2010 2:34:20 PM
From: John Vosilla	Respond to of 306849

'Prices are still dropping categorically nationwide, inventory is rising, buying activity is slowing.' That might be true in some areas still way overpriced areas but in general we crashed in FL in 2007-08 and have been flat for about 18 months. Funny I get hosed also from the other side of RE optimists because I keep expecting the coastal gateway cities to correct much more yet I keep seeing these stats of bidding wars in San Francisco, the DC beltway and out in the Hamptons again...Recent reports of prices up double digits year over year something I can't confirm as I am not on the ground in these places. For Florida I can tell you the true story 100%..