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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: X Y Zebra who wrote (22637)7/31/2004 8:16:32 PM
From: Lizzie TudorRead Replies (1) of 306849
 
I don't think you really believe what you posted right?

RE in my area has fallen 20-30% since 2000, but the statistics don't show it... however as an owner I can assure you it is true. There is no way the expensive RE areas can absorb 8% rates and maintain current pricing.
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