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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (13772)9/3/2002 5:10:07 PM
From: fedhead  Read Replies (1) | Respond to of 57684
 
I think what is happening is that houses take longer to sell and people are pulling there homes off the market after a few weeks. The decline in prices will come once people are forced to sell or banks have to foreclose. I believe that is going to happen. It is already happening
in the expensive homes but the 500 K homes have held up.
That will change if the pace off layoffs accelerate.

Anindo


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