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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: TraderC who wrote (21266)	6/3/2004 6:15:53 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

yeah - 40% appreciation Santa Monica, thats what I have read. I don't know how representative Beverly Hills is for the LA area though. Here we have Atherton which has very few houses for sale so meaningful statistics out of there are tough to come by.

To: TraderC who wrote (21266)	6/4/2004 1:51:13 AM
From: David Jones	Read Replies (1) \| Respond to of 306849

>>>>>Malibu, $1,547,500.00, up 40.7% Beverly Hills, $1,420,000.00, up 37.9% Santa Monica, $751,250.00, up 41.4%<<<<< There's probably a ninety percent chance these were step up purchases by baby boomers who may of sold to some other step up buyer. Till ya get down to the first timer getting that needed rate. Most times if things go sour the poor are the first to have a taste. But this doesn't mean they'll see the largest percentage of sour.