Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Graybeard58

How are things going back there, the economy is really falling here.

I’m just about ready to offer $75k cash to a bank for a condo rhat sold for $315 yast year.

rentals are still $1,250/mo so it would be a pretty good income inveatmrnt.

Stores are closing everywhere, Sheryle sees lots of vacancies in all the malls and strip malls that she has been doing inventory in.

I think we are in for a big crash in commercial real estate and the ARMS that are yet to come due later this year and next.


48 posted on 04/06/2009 8:20:28 PM PDT by dalereed
[ Post Reply | Private Reply | To 43 | View Replies ]


To: dalereed

It’s bad here too, lots of layoffs here in Caterpillar country. So far it hasn’t directly affected me, I’m somewhat insulated because I’m like the boy scouts “be prepared”.


55 posted on 04/06/2009 8:29:50 PM PDT by Graybeard58 (Selah)
[ Post Reply | Private Reply | To 48 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson