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To: Mark Fowler who wrote (141875)4/26/2002 3:10:07 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Neither do I, unless we see inflation rear its ugly head, and the only inflation i see is in real estate.
Demographic of course.
>>Median home prices in California topped $300,000 for the first time last month, as tight supplies and low mortgage rates continued to drive the market.

The median price of a single-family home surged to $305,940, up nearly 19% from a year earlier, the California Assn. of Realtors said Thursday.<<