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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 (280122)10/1/2010 11:05:08 AM
From: Jim McMannisRespond to of 306849
 
When does Barack get the ear ring?



To: John Vosilla who wrote (280122)10/1/2010 11:27:26 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
I'll agree on the "aging like Morgan Freeman". Won't agree on the sabeing us from Depression though....<G>



To: John Vosilla who wrote (280122)10/1/2010 11:49:38 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"This is what he gets for saving us from depression?"

Rahm just said the same as he departs the WH.

Did they send you a playbook? G



To: John Vosilla who wrote (280122)10/1/2010 3:07:33 PM
From: tejekRead Replies (2) | Respond to of 306849
 
'I happen to think Obama is a good president....one of the best in decades'

Not one rec for that one?


Actually, it finally got two. ;-)

This is what he gets for saving us from depression? And to top it all off he is aging rapidly and will look as old as Morgan Freeman by the time he becomes a civilian again<ng>

No kidding. The R supporters think they are being very clever.....attacking Obama while defending their purses and wallets. They really don't get what their party is and how they are meaningless ccgs in its aspirations. I would laugh if I didn't live in this country. Unfortunately, I do. :-((

Fsscism when it comes to America will be wrapped in the flag carrying a cross.

Sinclair Lewis



To: John Vosilla who wrote (280122)10/2/2010 1:10:34 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Analysts: Central Fla. Home Prices To Take Major Dive
More Big Drops In Orlando, Daytona Beach

msnbc.msn.com
ORLANDO, Fla. --

Analysts said home prices in two cities in Central Florida may soon take another tumble despite a market that seemed to have stabilized in the past summer months.

An index released by Standard and Poors this week claimed that home values in Orlando and Daytona Beach markets will continue to endure big drops well into next year as the peak home buying season ends after a dismal summer, which could mean a new wave of foreclosures and short sales.

In addition, Standard and Poors said the current high unemployment rate may also cause the Central Florida home values to drop another 6 percent. But a local financial analyst said it's not all bad news.

“If you need a house, it's a great time to buy,” Joe Bert, of Financial Planner said. “There's a lot of inventory out there, (and) interest rates are low. Lock in a long-term, 30-year mortgage and go for it. (But) if you have to sell, you're in a very, very tough situation. What you don't want to do is (to) be careful of walking away from a home because it will ruin your credit for a long period of time.”

Statistics showed that more than half of the borrowers owe more on their mortgages than the property is worth and the unemployment rate in Orlando remain at about 12 percent.