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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (21236)6/3/2004 10:41:18 AM
From: David HoweRead Replies (1) of 306849
 
Lizzie,

The RE statistics are not fudged. I live in Sammamish (a Seattle suburb) and prices are much higher than they were in 2000. Houses in my neighborhood have been selling very fast, one sold in 3 days and it went for much more than I thought it would. Note that our neighborhood is in the $600k to $900k range, so I can't directly comment on the $1MM and higher market.

Also, I have relatives in various locations including Florida, NY and Cal and they all say that prices have been moving steadily higher.

Dave
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