|
"BenS" <BennySTR@yahoo.net> wrote in message
news:29sh52lgpnn1n96akiv0u5rdgtdsopsgho@4ax.com...
> I am in a small Central Florida town that has had boomming sales for
several
> years in a row? Many retirees and investors alike.
>
> Right now I couldn't hit a buyer with a hand grenade.
> (Both new and resales)
>
> Is it slow all over or just here?
>
> Is it becasue interest rates incehd over 6%?
>
> What's the prognosis?
Check out the latest Fortune Magazine cover article
"Welcome to the dead zone"
http://money.cnn.com/2006/05/03/news/economy/realestateguide_fortune/index.h
tm
The dead zones they list are: Boston, Las Vegas, Washington DC/Northern
Virginia, Phoenix, Sacramento and San Diego. They list the danger zones as
well.
-al sung
|
|