And our REIA is enormous, well attended, and has all the national gurus speak.

It's taking an ant hill and transforming it into an enormous mountain!

For example, lower $100k homes in Plano west of I75 (yes the good side, believe it or not) could use a kick-start to help what many would consider the middle-class.Non-profits get first dibs on HUD and other homes.Numerous development opportunities exist.There is enormous potential in this space !!!

It's just that one would imagine that after a bankruptcy it's hard for it to get much worse, and the location is so fantastic you'd think there would be a chance for it to be discovered by refugees from the enormous prices elsewhere in the Bay Area.Minh L.

My research tells me they are going higher thru the rest of 07 at least.The median price of USA homes has risen to $260,000 ish..Math that and one arrives at $34b a month.REDevelopers volume is not included..but we all know it is horrendously both enormous and under stated.

Obviously, in terms of the "Big Picture" there has been a crisis of secondary market confidence with regard to the enormous increase in borrower delinquencies and pending or actual forecclosures which has led to a major culling of the ranks of wholesale mortgage lenders... now probably close to 125 lenders who have closed up shop within the past 5-6 months.Actually, many of those lenders were little more than "Super Brokers" in that they relied upon warehouse credit lines or correspondent relationships with "Big Brother' lenders.It's somewhat analagous to our belief in the notion that a $100 bill is actually worth $100.

When it's boom times and they make enormous amounts of money they tend to not budget and save pennies or invest (some did of course).

Oh yea, unless you give me an enormous job requring BULK material that will wipe out my checking account, I do not require down payments like everyone else seems to in FL.

In the future aquire rental properties and have the passive income as well.An enormous amount of information here at BiggerPockets.A great resource for us newer investors.Best wishes to you,Jon

There will be pain but there will also be enormous opportunities to profit. 8)