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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (254551)6/15/2010 10:38:27 PM
From: morokko65Read Replies (3) of 306849
 
Real Estate market here in Northern CA has really died since end of April, with inventory increasing, price reductions and longer DOM. Mostly a $750K and under phenomenon so far...

This was after a 12 to 14 month run. Some sub-markets went up 20-40% off of the lows of Q1 2009

Upper end 900K to 1.4M has actually perked up as rates have dropped. Maybe the affluent realize that the low rates window won't be open forever
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