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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jay who wrote (84592)8/10/2007 10:40:16 PM
From: Lizzie TudorRead Replies (1) of 306849
 
50% decline in SF..... my opinion is it is highly unlikely. Get Live2Sails opinion though.

I think this market is one of the strongest in the nation due to companies like Cisco finally hiring again and when I say starting to hire I mean *totally* opening the hiring spigot. All these years houses here rose, not as much as other areas but they rose on almost no job creation, and now it is the opposite. I am looking for a flat year next year with small rises at the high end in other words no real correction other than what we have seen since 2005 (which is about 10-20% off peak imho)
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