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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (56028)7/22/2006 12:21:42 AM
From: Elroy JetsonRead Replies (2) of 306849
 
Some more elaboration, from the Los Angeles Times, on the quote you posted.

latimes.com

The chief economist of the California Association of Realtors has stopped using the term "soft landing" to describe the states's real estate market, saying she no longer feels comfortable with that mild label.

"Maybe we need something new. That's all I'm prepared to say," Appleton-Young said Thursday.

"I'm sorry I ever made that comment. When I get a new term I'll let you know."
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