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

To: CalculatedRisk who wrote (39078)8/25/2005 7:19:13 PM
From: Lizzie TudorRead Replies (2) | Respond to of 306849
 
Floyd Norris has been right on so many times, I always watch him when he is on.
I remember an interview on CNBC in 02, he said "it feels like 1974". Right around then was the market bottom. He has a good feel for the common sense econoomic situation.



To: CalculatedRisk who wrote (39078)8/25/2005 10:29:24 PM
From: mishedloRead Replies (2) | Respond to of 306849
 
I'll say

Housing is, of course, a collection of regional markets. The latest metropolitan area figures show the lowest median price of existing homes, $73,400 in the region of Danville, Illinois, was a 10th of the highest, $726,900, in the San Francisco Bay Area.

I am from Danville.
Mish


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