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Hmmm... I hadn't seen this statistic mentioned anywhere before. Be
nice to verify and track it though. Might be a good tell toward the
real story of the economy. Is this number collected and published
anywhere that is publicly available?
JW
-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx
[mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Marlowe Cassetti
Sent: Sunday, June 25, 2000 7:07 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Re: Digest (06/25/2000 11:30) Special Issue (#2000-413)
A realtor friend of pointed out that in some counties of Colorado the
home
repo rate is 10 times last years rate. She also stated that repos are
up
across the USA, but she didn't see it as a softening of the
real-estate
market. It is only a reflection of couples over their heads in credit
card
debt then onto home equity loans and finally home repossessions. Not
a good
economic sign.
----- Original Message -----
From: <listmanager@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, June 25, 2000 12:30 PM
Subject: [RT] Digest (06/25/2000 11:30) Special Issue (#2000-413)
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