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

To: Jim McMannis who wrote (28886)	7/13/2011 10:20:11 AM
From: John Vosilla	Respond to of 119362

Some submarkets are tight now others have lots of inventory...I always say you need much higher rates and another sustained stock market crash to crack some of those land constrained higher end submarkets be it barrier islands in SoFla or Santa Barbara proper where most of the supply are long term owners without high leverage from the bubble... You get much better deals in SW Fla anyway on the water where speculation and new construction really was rampant but that is the story of the bubble and bust nationally i guess..... I don't even like of care for SE Fla so a mute point to me and no I am not buying rentals in the heart of Riviera Bch either....lol