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homestead - Re: [Homestead] land prices!

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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: intuit AT teleport.com, homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] land prices!
  • Date: Tue, 08 Nov 2005 21:49:38 -0600


DOES ANYONE HAVE AN *IDEA* ABOUT WHEN THIS REAL ESTATE CRASH WILL
BEGIN?-HAVE APPROX. $330. EQUITY IN A HOUSE THAT WILL SELL BETWEEN $360.
AND $400. AND I CAN PUT IT FOR SALE THE END OF JANUARY 06. LINDA

Rapid real estate depreciation historically occurs when there is a large increase in unemployment, interest rates rise rapidly, population decreases quickly and substantially. Are any of these conditions likely in your area?






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