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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (50501)	7/1/1999 5:45:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

<<My read is around 2.5% to 3% in NE area if they will calculate for housing expenses and services as they should.>> In 1995 I paid $1130 for a 3 bedroom town house in Boston area. A year ago it was $1370, now above 1700 that is approximately 11% increase per annum. The house I bought in Sept is now worth 6% more that is about 10% per year. This is on the low end. A house that was listed for 480k two weeks ago (in Boston area) was immediately re-listed at 50k more as buyers were stampeding. Nope, it is not just in Silly valley. It is everywhere. Then again, has anyone noticed that price of milk has gone-up in the last two months. Where I live it is up by a dime to 2.69 - about 4% in two months. Oh, I forgot F/E price are not part of the core. They are volatile as they burn oil in IC engines and food near people's asses! -g-