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

To: DebtBomb who wrote (299121)12/20/2010 11:24:03 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Can't be right. Vosilla has declared the bottom in a year ago. G



To: DebtBomb who wrote (299121)12/20/2010 11:44:11 AM
From: CalculatedRiskRead Replies (2) | Respond to of 306849
 
"Twenty million vacant homes" is a bogus number. It comes from the HVS and includes all kinds of things like mobile homes used as hunting spots in the summer. ROFLOL.
census.gov

A much better number is based on the excess vacant rental and owner units. And there are still quite a few - that is why the recovery in RI will be sluggish in 2011.


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