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


To: Bill Harmond who wrote (16629)4/11/2003 3:58:39 PM
From: StillHolding  Read Replies (1) | Respond to of 57684
 
same here in la
no inventory which means no supply
so doesn't feel like a bubble here
people aren't trading up bec. choice is so limited, they're remodeling like crazy
higher int. rates will slow it, but if a house is priced right or cheap bec. it's a fixer it draws multiple offers
overprice homes sit but there is no loss in value although upward trajectory has slowed
Still