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Re: ergo sum post# 3327

Sunday, 11/09/2008 11:04:48 AM

Sunday, November 09, 2008 11:04:48 AM

Post# of 3728
That "rarity" is repeated all over the US. Now that the election is over, we will start hearing about the stronger sides of the economy and not always the negatives. Here in the Dallas/Ft Worth area, we haven't lost a penny's worth of market value - and the average sales time has INCREASED, not decreased (gotten shorter, not longer). There are jobs here and the housing market value wasn't inflated during the previous housing boon! We have too much land and too many builders to allow for inflation, but we have many quality builders as well so values hold. There are only 10-15 areas across US that have been decimated by housing values, but most of them have values that are so far out of whack that they will NEVER return to previous values

"I cannot and will not cut my conscience to fit this year's fashions."
Lillian Hellman, letter to Committee on Un-American Activities of the House of Representatives, May 19, 1952

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