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


To: Elroy Jetson who wrote (58195)7/22/2006 12:31:02 AM
From: CalculatedRiskRespond to of 306849
 
That final comment was about the number of real estate agents in California - not the market in general.

latimes.com

From the story ...

The state Department of Real Estate recently reported that the total number of agents in the state passed 500,000 in May for the first time. That's one agent for every 55 adults in the state.

Appleton-Young had no qualms about predicting a hard landing here: "We're expecting a fairly significant shakeout."


California: Real Estate Licensees Surpasses 500,000
calculatedrisk.blogspot.com




To: Elroy Jetson who wrote (58195)7/22/2006 12:44:04 AM
From: Wyätt GwyönRespond to of 306849
 
When I get a new term I'll let you know."

that term already exists. it is called FUBAR.