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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 (298941)	12/19/2010 8:08:11 PM
From: 8bits	Read Replies (1) \| Respond to of 306849

.I think most on this board blinked and missed what has been taking place in ground zero markets. Many of the cheaper cities of the SF Bay Area have hit bottom and already risen between 10% to 20%. Basically the bottom coincided with the bottom of the stock market, Spring of 2009. I had scans for multifamily properties set up for certain zip codes and prices ranges in Oakland. In March/April 2009 those scans yielded between 250 to 300 properties.. with the exact same parameters, those scans yield between 15 to 20 properties.