Don't think this is what WE had in mind...

[gales0678]

Originally Posted by Cannon Shell

if you go to zillow.com you can see how badly hit CA, AZ, and FL are compared to the rest of the country. There are plenty of areas of the country where the home values are not falling or are actually rising again.

you're right chuck and those areas that are doing well now did not have the huge run up in the boom years


the overheated mkts still need to fall back into normal historical levels

i was in ft meyers about 3 weeks ago , the worst is yet to come down there

[Cannon Shell]

Originally Posted by gales0678

you're right chuck and those areas that are doing well now did not have the huge run up in the boom years


the overheated mkts still need to fall back into normal historical levels

i was in ft meyers about 3 weeks ago , the worst is yet to come down there

very true but it seems as though three states in particular are going to get a disproportionate amount of help. There are 50 states in the Union that have to pay for those other three states transgressions.

[gales0678]

Originally Posted by Cannon Shell

very true but it seems as though three states in particular are going to get a disproportionate amount of help. There are 50 states in the Union that have to pay for those other three states transgressions.

fl and az is where investors from other states fueled the run-up though chuck

[Cannon Shell]

Originally Posted by gales0678

fl and az is where investors from other states fueled the run-up though chuck

not necessarily. that would assume that the vast majority were investment properties not actual homes