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


To: Wyätt Gwyön who wrote (74872)12/5/2006 8:33:03 PM
From: ild  Respond to of 110194
 
Asking prices are all over the map. Lots of stale listings with sky high prices. From my observations actual sale prices are from 0% to 8% down from 2005 levels. Highest prices were in March-May 2006.

Inventory is trending down. There are about 7 months of inventory at the current rate of sales.
It will be interesting to see when and at what level inventory bottoms in 2007.