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To: RocketMan who wrote (85672)3/26/2001 4:10:15 PM
From: TheStockFairy  Read Replies (2) | Respond to of 436258
 
3-4% is reasonable. 30-40% is not. I wish I could short selected neighborhoods.



To: RocketMan who wrote (85672)3/26/2001 4:49:57 PM
From: Jack T. Pearson  Respond to of 436258
 
Re: RE
I live in the Bay Area. Prices seem to be stabilizing. They went up about 25% last year. This is the first time in about three years I have seen a For Sale sign. In the past, the house was often sold before a For Sale sign got posted, but a few were listed for a day just to get competitive bids. Houses are still selling pretty fast. I suspect the average time on the market where I live is about 10 days. Half still go in 5 days or less.


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