tag:blogger.com,1999:blog-2335748440449035592.post4556776458291448311..comments2008-11-13T12:12:06.852-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-53932456510860865972008-11-13T12:12:00.000-05:002008-11-13T12:12:00.000-05:00Mark, I always hear Riverside is ground zero. Or Las Vegas. But now I'm reading 4 of the top 10 communities are in Florida. And Phoenix is horrible.<BR/><BR/>So maybe there are many ground zeros<BR/><BR/>But it does seem about 7-8 states are simply a disaster - either the rust belt OH, MI esp, FL, or the southwest trio - AZ, CA, NV.<BR/><BR/>Now I'm starting to hear more about NJ, CO, and GA as the next wave.<BR/><BR/>Anyhow, lots of ground zeros - I bought my house in 2001 as well and we never got the appreciation so I felt like I was reading about another country when I heard what the rest of the country was experiencing on the way up!TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-69783516759516800862008-11-13T12:00:00.000-05:002008-11-13T12:00:00.000-05:00Wow, talk about a small world. I live in Tracy - one of the towns mentioned in the article - and was fortunate to buy our house in 2001 so I'm not one of the many that have fallen into negative equity, but the effects of the housing fallout can be seen in and around the community much like the article describes. Looking back, Mountain House was doomed from the beginning. The community was created during the peak of the housing bubble because Tracy put strict restrictions on the number of new housing permits several years ago. Now it's "ground zero" so to speak of the housing crash.markhttp://www.blogger.com/profile/14059721049032471587noreply@blogger.com