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New We'll see
The wonderpad I just sold in CO was first tier. It did fine (sold to second viewer for full asking price) while all the second tier stuff around it was starting to drag due to oversupply.

Last stuff to drop will be view/waterfront/urban/rural. There's just not enough of it to go around. Suburban new construction will get hit first. For instance, Pulte just lowered prices of new homes across the board.



"Whenever you find you are on the side of the majority, it is time to pause and reflect"   --Mark Twain

"The significant problems we face cannot be solved at the same level of thinking we were at when we created them."   --Albert Einstein

"This is still a dangerous world. It's a world of madmen and uncertainty and potential mental losses."   --George W. Bush
Collapse Edited by tuberculosis Aug. 21, 2007, 05:52:30 AM EDT
We'll see
The wonderpad I just sold in CO was first tier. It did fine (sold to second viewer for full asking price) while all the second tier stuff around it was starting to drag due to oversupply.

Last stuff to drop will be view/waterfront/urban/rural. There's just not enough of it to go around. Suburban new construction will get hit first. For instance, Pulte just lowered prices of new homes across the board.



"Whenever you find you are on the side of the majority, it is time to pause and reflect"   --Mark Twain

"The significant problems we face cannot be solved at the same level of thinking we were at when we created them."   --Albert Einstein

"This is still a dangerous world. It's a world of madmen and uncertainty and potential mental losses."   --George W. Bush
New Oh man, you sold it??
I was hoping you'd come back to town someday and have a party at the wonderpad. :)


--
Steve
New Yep :-(



"Whenever you find you are on the side of the majority, it is time to pause and reflect"   --Mark Twain

"The significant problems we face cannot be solved at the same level of thinking we were at when we created them."   --Albert Einstein

"This is still a dangerous world. It's a world of madmen and uncertainty and potential mental losses."   --George W. Bush
Expand Edited by tuberculosis Aug. 21, 2007, 05:53:49 AM EDT
     No more 'walking away' from your debts - (dmcarls) - (11)
         Don't have huge sympathy - (JayMehaffey)
         Takeaway - buy premium real estate that sells easy and fast - (tuberculosis) - (9)
             and watch out for that bubble - (boxley) - (8)
                 Premium real estate is generally burst resistant - (tuberculosis) - (7)
                     Remember Rockefeller Center? - (Another Scott) - (1)
                         Residential different from commercial - (tuberculosis)
                     highend first to pop - (boxley) - (4)
                         You might be surprised... - (Yendor)
                         We'll see - (tuberculosis) - (2)
                             Oh man, you sold it?? - (Steve Lowe) - (1)
                                 Yep :-( -NT - (tuberculosis)

She says, "Hey, I really got to leave!" Dang!
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