On Tue, 21 Oct 2008 13:10:19 -0500, Ignoramus24384
wrote:


The decrease in Illegal immigration over the past year is also
contributing to a surplus of housing. as is the economy...as more
illegals cant find jobs, and are returning to their home countries.

How much have the prices dropped in your area already?
+

I dont know. However the For Sale signs are still up, though some
have recently changed to For Rent...and still no takers. I suspect the
owners have dispaired of selling, so are trying to make their monthly
mortgage payment by renting them out...but given the long periods of
time some are up...trying to rent them out for more than anyone can
afford

Im seeing fewer and fewer motor homes and bigger travel trailers for
sale on Craigslist (Im personally looking for a 25' travel trailer to
replace the small piece of crap I live in during the week in So.
Cal)...and fewer and fewer Vacancy signs on RV parks and mobile home
parks that will accept such...Im guessing that those foreclosed out of
their homes are moving into RVs and travel trailers. Or renting the
homes the Illegals used to occupy...which has to be culture
shock...moving out of a home only a few years old, to a piece of ****
filled with roaches......

Ill ask some folks I know in the real estate business about some stats
for my area.

Shrug

Gunner