So I guess we are just going to have 2005 pricing everywhere. I just want to know how. At least in 2005 they had no income qualifiers w/zero down. You didn’t even have to fog a mirror to get a loan. Now you have to qualify and put something down. How can these prices sustain themselves? Someone please help me understand.
4007 Everts 2J 02/28/2001 for $219,500. That was supposed to be the target, right? Then it sold 01/13/2010 for $350k. Now it’s being flipped for 499k, PPSF: $714.