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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (28840)3/28/2005 9:38:56 AM
From: SouthFloridaGuyRead Replies (3) of 306849
 
Unless I missed the joke, I am not sure how you came to that conclusion.

I said that homebuyers are no longer putting a risk-premium on home prices. I still do, hence I can't justify prices in my area at the very least.

That game is soon coming to an end - at least the New York suburbs - it's quite obvious when you look at current inventories versus what they have been in the peak months of summer in the last 5 years.
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