http://www.businessinsider.com/states-with-highest-negative-equity-2013-1
http://money.cnn.com/2012/07/18/real_estate/home-construction/index.htm
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San Jose, CA
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Nice. 28.3% for CA and 38.6% for AZ. 1.4M homes got above water in 3rd quarter of 2012. 10.7M more to go. We'll be 98% above water by 2017-2018.
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In 2008, Jim Rogers suggested to just let the entire housing market collapse 80%, to expedite the recovery in only two years. Instead, the people from above caused the opposite to happen, which is why we are still floundering around today with uncertainty.
Being the guru that he was in 2008, he sold everything he owned in America and then moved his entire family to Malaysia to start a new life. Looking back now, you can't say is was a bad idea. True story.
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Scottsdale, AZ
robertoaribas's website
I like my theory better: sell almost all my homes in 2005, and then by 4 times as much in 2010-2012...
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Works well if
1. you have homes in 2005
2. you have money in 2010-2012
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San Jose, CA
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donjumpsuit says
AND you live in a market which over corrected and is showing recovery
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San Antonio, TX
jvolstad's website
Don't the Realtor's understand the market? After all, they have all this great training. They also look out for your best interests. :-/
Excuse me while I take a dump.