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

To: mishedlo who wrote (30193)4/27/2005 1:43:23 AM
From: John VosillaRead Replies (2) | Respond to of 306849
 
Mish, a lot of investors today are hoarding their investments in new construction rather than immediately resell, thus hoping for further appreciation and pay long term capital gains tax. This exchange of San Diego investors on their Tucson,AZ deals tells a lot.

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To: mishedlo who wrote (30193)4/27/2005 8:46:30 AM
From: Les HRespond to of 306849
 
Most of the homebuilders in the HGX were up yesterday. The index1 was distorted by losses in the construction materials firms (US Gypsum, etc.) as a result of the asbestos litigation news.


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