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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (43523)	10/14/2005 6:34:21 PM
From: CalculatedRisk	Read Replies (2) \| Respond to of 110194

UCLA: Peak for Housing Said to Be Near latimes.com

To: Ramsey Su who wrote (43523)	10/14/2005 7:06:39 PM
From: steve from ihub	Respond to of 110194

from the local phoenix paper. listings up to 15000 from 6000 in april/may. expected to rise to 18000. houses used to sell over listing price 80%. now selling below listing 80%. pretty much a flip flop. i dont know how pricing has been affected as the article didnt say. i do see a lot more homes that were bought by investors with for rent signs out front

To: Ramsey Su who wrote (43523)	10/14/2005 7:31:00 PM
From: ild	Read Replies (1) \| Respond to of 110194

UCLA (Anderson School) has been negative on So Cal RE for several years, so they just repeated what they said last year. I believe the Fed is in tightening mode and they will keep tightening until something cracks. I expect this something to be RE.