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To: H James Morris who wrote (147162)	9/9/2002 4:20:23 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 164685

On a related topic: accessatlanta.com According to real estate analyst Steve Palm, owner of SmartNumbers, 742 houses are priced at more than $1 million in the metro market -- 243 in Buckhead alone. In that exclusive Atlanta enclave, Palm found a 37-month supply of mansions priced more than $2 million and a 16-month supply of houses priced from $1 million to $2 million. A six-month supply of houses in any price range is more typical. OTOH: But California is seeing one of its best housing markets in two years. More than 4,000 million-dollar homes were sold in the second quarter of 2002, compared with 2,635 in the second quarter of 2001. But all things are relative. What sells for $1 million in California might sell for $250,000 to $300,000 in Atlanta.