USA Home Property Real Estate Value Has Completely "Crashed in 2009!"

If you are in the USA real estate business in the year of 2009-2010, you had better find yourself a new trade to work in! Real estate value regarding U.S. home owners has a "crashed" price to a low of almost 60% declining rate just in the past (2) two years since 2007!"

Most of these real estate sellers are "ironically" still trying to sell the property for it's estimated appraisal value years ago.------------

"Even bank foreclosure experts" are telling these money-making-hungry real estate sellers trying to work together as a team? Because of today's low market value? You can't sell any of these homes for it's estimated house appraisal back in the year of 2001.

"DUH!" What are you thinking?" I realize you have became rich in the years past?.------------

However? It's time to face the "fiddler?" Times are hard for unemployed Americans and they just don't have the money to buy these homes, which real estate sellers have always UP the legitimate price of these homes as much as 70% or more over the years.-------------

An American home that was valued at 1 million dollars two years ago here in the USA, is now selling for $250.000 dollars, unfortunately because of the American 2009 economy.----------

Even smaller suburban homes that were appraised at $110.000 dollars two years ago, are now sadly selling for $30,000 dollars or less! A lot of these cheaper homes have been "gutted out" removing the light fixtures and any part of the house or home which has any value.---------

A lot of these info-commercial TV "Get Rich Immediately" try to tell you that you can "Buy these homes really cheap?" However? They never tell you how much it cost for repairs and other related expenses? And the fact of "How much I can sell this property in regarding today's slow real estate market value of 2009-2010? "After I do all these thousands of dollars repairs?"----------

"If you are really rich and financially stable in the years to come!" USA economist of 2009 state? Buy as much as this home-owners and bank foreclosure property and just simply sit on it! And wait out this slow USA economy which is expected to pick-up in the next (6) six years or so?----------

"Reluctantly?" Most modern real estate sellers here in the year of 2009. Are still searching for buyers "whom are stupid enough to pay these ridiculous prices" without any research of the land and property appraisal. Although, the bank financing this property may disagree, even if you have excellent credit.-------------

Thanks for reading,

Phillip Chambley.