[5-DayForum] DEAD IN LAS VEGAS

[Kyle Cascioli]

Hi Frank:
 
No I don't think it helps those who bought a year ago.
 
However, if all we did was talk about current news you would think that the bottom of the market has "fallen out" and we're in a depression.  That's just not the case.
 
Additionally, I thought sharing that fact might help put things in perspective for those who bought 3 to 5 years ago, and are perhaps looking at this years "market correction" in the wrong context.
 
Sorry if you took it the wrong way, but please consider that the post wasn't intended to be solely directed to you.
 
Best of luck ...
 
Kyle


From: FKSYBARITE at cs.comDate: Mon, 12 Nov 2007 15:37:08 -0500To: 5-dayforum at mailman.howtosellyourhomein5days.comSubject: Re: [5-DayForum] DEAD IN LAS VEGASGreat knowledge, Kyle.  That really helps those who just bought a year ago and lost $50000 to 150,000., with the UNLIKELYHOOD of EVER regaining their loss, no matter what they do.FrankIn a message dated 11/12/2007 8:33:02 AM Pacific Standard Time, real.estate.professor at hotmail.com writes: 
Hi All:While the LV market is experiencing a significant price correction, it should be noted that over the past 5 years property values had appreciated over 80%!Year-over-year appreciation during this five (5) year period was still very healthy.Kyle
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