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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Elroy Jetson who wrote (11502)7/9/2003 11:58:16 AM
From: ildRead Replies (2) of 306849
 
Elroy, how's RE inventory in LA? I'm using realtor.com to keep track of inventory and have recently observed a big drop in Santa Monica. Here in Irvine the sales are brisk but the inventory doesn't go down. My guess is that there is big new development here and in San Bernardino/Riverside counties, but LA county doesn't have much new properties, so people buy whatever is available in existing RE.
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