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To: Oblomov who wrote (161773)4/24/2002 11:15:53 AM
From: yard_man  Respond to of 436258
 
good question ... IDK



To: Oblomov who wrote (161773)4/24/2002 11:31:08 AM
From: Ken98  Read Replies (1) | Respond to of 436258
 
It seems there are seasonal factors in residential RE:

homes.wsj.com

espcially, in California where there is a strange, cult-like fixation on home prices:

<<In California, the price of a typical detached home jumped 17% over the month to $285,860, said the California Assn. of Realtors.

"There was a lot of pent-up demand for housing in the wake of Sept. 11, coupled with concerns about the direction of the California economy," said Robert Bailey, president of the Los Angeles-based group. "But home buyers who sat on the sidelines were back in the game last month.

"There's every indication that California is headed into a strong home-selling season this spring," he said.>>

latimes.com