Reply #15: i live in a middle class neighborhood [View All]

in Lake Worth, FL, which is just outside of palm beach. There are 11 houses for sale within 4 blocks, there are only about 75 homes on these blocks. Its crazy. I cant find a single street in my area where there is no houses for sale, most of them have several. They are not moving either. I saw one poor guy put a sign out several months ago, 450k. Then a few weeks later, 425.. keeps slashing, its down to 325k now. The bubble has burst folks..

Folks, realize, most flippers operate on a morgage. They are just middle class folks trying to get ahead, to make money while the going is good, to make a future for their family, which is part of the American dream.