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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Elroy Jetson8/17/2006 6:06:56 PM
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This "Race for the Exit Door" chart from the Wall Street Journal is worth re-posting, and tells it all.



Sales slow as prices rise, and continue to slow as they fall.

Once prices fall beyond a certain point, the number of homes for sale will decrease dramatically.

Then the foreclosures hit the market, and the number of homes for sale rise again.
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