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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who started this subject7/1/2001 11:00:36 AM
From: HairBallRead Replies (1) of 306849
 
For those of you living in the Texas area and want to keep track of the residential real estate stats...

recenter.tamu.edu

Note the major increase of homes for sale in Austin when comparing May 2000 to May 2001...3617 to 7523 respectively a 108% increase. Then note how many homes were sold in Austin in May 2000 compared to May 2001...1980 to 1655 a decrease of 16%. Not good...

Even Dallas with a much more diversified economy, not as high tech dependent, has experienced a 5% decrease of homes sold in May 2001 compared to May 2000, while having a 27% increase in homes for sell when comparing those same two time frames.

Regards,
LG
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