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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Dan3 who wrote (60299)8/20/2006 1:32:06 PM
From: Live2SailRead Replies (1) of 306849
 
IMO, overpriced means that the asking price is more than people are willing to pay in that area. Or, it's priced higher than I'm willing to pay.That makes pretty much everything around here overpriced. I wouldn't compare Bay Area prices to Chicago to make the determination of "overpricedness. "
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