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

To: Night Hides Not

YOY last December saw 6.1 million foreclosures with an estimated 12.6 million more in the next 36 month.

January decline forecast was a 10% median reduction by June.
It was reached by the end of March.

CRE is now rolling down hill and will only make the entire
market tank further.

Don’t be a knife catcher.

SFH near here sold 2009 for $475k, resold last week for $220k. In 2006, valued at $625K.


6 posted on 04/17/2011 12:54:12 PM PDT by OregonRancher (Some days, it's not even worth chewing through the restraints)
[ Post Reply | Private Reply | To 2 | View Replies ]


To: OregonRancher; org.whodat
You're both right, my guesstimate is likely optimistic.

Case-Schiller Index is trending poorly, too.

8 posted on 04/17/2011 12:58:42 PM PDT by Night Hides Not (If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
[ Post Reply | Private Reply | To 6 | 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