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View Diary: Indymac Bancorp trading halted (mortgage disaster) (59 comments)

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  •  Sadly, probably true (7+ / 0-)

    But I have been looking at stock on realtytrac.com and in my zip code in pdx more than 1,800 units in preforeclosure, foreclosure or auction. And those are in a good neighborhood, many of them beautiful bungalows from the 20's built with old-growth timber, and well above the quality of what can be built today. So a lot of this may be pretty good stuff because it's in areas where people payed into an inflating market to be in good hoods. It may become a bottomfisher's paradise, even here where we are not so hard hit.

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