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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Taikun who wrote (55010)10/28/2004 2:02:57 PM
From: RealMuLan  Read Replies (2) of 74559
 
I think for more than 2 years now in a lot of US cities, only the house below $250,000 have bee sold like hot cake. Few buyers are interested in the houses more than half million. Maybe because more and more new interested owners are low-income/younger people. So those baby boomers who invested all them life savings in a house may not be able to find any buyers when they want to sell them<g>
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