Monday, March 14, 2005

My Friend FLIPPER

http://money.cnn.com/2005/03/14/magazine/flippers_0504/index.htm
TOP is IN or VERY NEAR, and a CRASH in real estate is almost guaranteed.IMHO

30% of homes bought in 2004 for specualtion. 30% of homes over $300K were adj mortgages. Median home prices on decline.

Duratek

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