The Market Warps.....

[blogger]

The Market Warps.....

You know, you can tell alot about people by which of the Star Trek versions they like. Old or new, Movie or not, Voyager or not.

While I'm partial to Voyager, I'm quite conversant with the Kirk/Pickard timelines. Relevant to Real Estate in Hood River, is the...Time warp, or warping or reality that they often encountered. (although the best version of this is in voyager, but i digress....)

Our market used to have some pretty traditional markers in it. Move out of town, price adjusts. View, price adjusts. quality construction, price adjusts.....

Now, we are really begining to see prices that are breaking away from what would bew considered normal....... There are warps in the valuations in the market, and some of them are looking like good...no great values........

When you consider that over 80% of the economists are saying that prices need to adjust another 20% before we hit bottom, you are beginning to see some properties go there, while others continue to support the current floor. Those further discounted properties are looking like great values today, although they may not be in the future, but even in the worst case scenario they'll be at Par......

Just our luck, Leavening mood, into the Maw of the the New Credit Future....<div class="blogger-post-footer"><img width='1' height='1' src='You are not allowed to view links. Register or Login></div>

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