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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Welcome to the dead zone. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Welcome to the dead zone
by Decius at 12:28 pm EDT, May 13, 2006

Contracts are being canceled, deals are drying up, prices are starting to drop. The psychology is shifting even as thousands of new homes and condos join the for-sale listings each day - so the downward pressure will only get worse.

Speculators who bought overpriced condos in hope of a quick killing are going to get hosed.

Hold on to your hats.


 
RE: Welcome to the dead zone
by dmv at 11:01 pm EDT, May 13, 2006

Decius wrote:

Contracts are being canceled, deals are drying up, prices are starting to drop. The psychology is shifting even as thousands of new homes and condos join the for-sale listings each day - so the downward pressure will only get worse.

Speculators who bought overpriced condos in hope of a quick killing are going to get hosed.

Hold on to your hats.

It is a pretty nice time to be shopping for a house...


Welcome to the dead zone
by possibly noteworthy at 9:01 am EDT, May 13, 2006

Contracts are being canceled, deals are drying up, prices are starting to drop. The psychology is shifting even as thousands of new homes and condos join the for-sale listings each day - so the downward pressure will only get worse.

Speculators who bought overpriced condos in hope of a quick killing are going to get hosed.


Welcome to the dead zone
by Rattle at 12:43 pm EDT, May 13, 2006

Contracts are being canceled, deals are drying up, prices are starting to drop. The psychology is shifting even as thousands of new homes and condos join the for-sale listings each day - so the downward pressure will only get worse.

Speculators who bought overpriced condos in hope of a quick killing are going to get hosed.

No one is going to be able to say they didn't see this coming.


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