The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: nextrade! who wrote (3460)	7/18/2002 2:14:34 PM
From: Elroy Jetson	Read Replies (3) of 306849

Southland Home Prices Hit Record Highs - The Truth Behind the Hype While asking prices has suddenly jumped, the number of transactions has declined sharply. In spite of references to a "tight supply of housing" the inventory of homes for sale has never been higher, and the number of days on market continues to lengthen. (This is often hidden by withdrawing a stale listing and re-listing it, again and again) The Southland (Los Angeles) market has topped out.

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