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66% Decline in RE?
I am not sure I would go that far, but this is interesting reading.
Bottomline: Based on the numbers, this will be a long-decline.
http://www.oftwominds.com/blogjuly08...ef=patrick.net
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Long Article, but Worth a Read!
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07-31-2008, 04:25 AM #63
Banned
- Join Date
- Mar 2008
- Location
- USA
- Posts
- 404
very nice information and indeed it is worth to read.
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25% of home sales result in loss
Values have fallen so far in many cities that sale prices don't cover what sellers originally paid. That means more hard times before markets recover.
http://money.cnn.com/2008/08/13/real...ex.htm?cnn=yes
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NAR Reports (Worthless?)
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Looking Ahead
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Housing hasn't bottomed yet
Don't bother chilling the Champagne
http://www.marketwatch.com/news/stor...ef=patrick.net
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08-28-2008, 10:11 PM #68
Fixer Upper
- Join Date
- Aug 2008
- Posts
- 17
Thanks for the link sir!



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