The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (127790)	6/7/2008 2:02:52 PM
From: neolib	Read Replies (2) of 306849

Santa Clara County, home to Silicon Valley, is down more than 9%, though pockets of strength exist in communities such Sunnyvale, Mountain View and Los Altos. Napa County, meanwhile, is one of the weakest in the region, with median prices off more than 20%. My brother lives in Sunnyvale and claims that comps have definitely declined 10% or more. People were begging $900K for 1200sqft flat roofers 12-18 months ago, and $800K now. Also, stuff is not moving like it was a couple of years ago. New McMansions especially.

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