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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (288178)	5/15/2006 5:11:40 PM
From: longnshort	Respond to of 1586048

what a rip off

To: Tenchusatsu who wrote (288178)	5/15/2006 9:20:34 PM
From: bentway	Read Replies (2) \| Respond to of 1586048

If it's not "the top", it might as well be. Your friend will be upside-down for on that mortgage for years starting this year or next. The only way he'll be able to sell that house is if he pays off his mortgage first with extra tens of thousands HE brings to the sale table. Inventory is rising rapidly in S. Cal., and foreclosures are skyrocketing. calculatedrisk.blogspot.com

To: Tenchusatsu who wrote (288178)	5/15/2006 11:11:19 PM
From: Jim McMannis	Respond to of 1586048

Depending where you are, the top was some time in the last 6 months. The indicators lag. Builders offer incentives rather than cut prices for a time, which artificially holds up selling prices. Here in bubbleland FL, inventory is 4 times last year this time. Due, in part to Speculators exiting the game.