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

To: Les H who wrote (86319)	8/21/2007 11:09:58 AM
From: Sea Otter	Respond to of 306849

Good info, thanks. So: it appears that I'm living in the middle of a local bubble. It's a nice, pretty bubble. And it will grow forever without popping. It's a new paradigm.

To: Les H who wrote (86319)	8/21/2007 5:18:00 PM
From: Live2Sail	Read Replies (1) \| Respond to of 306849

Let's give Silly Valley some time to digest mortgage rate hikes. We've only been concerned for two or three weeks, let's see what's up in four more weeks. I am finally seeing prime, for-sale inventory climb in Palo Alto. Back when the rest of the country's housing was starting to decline, I maintained that housing was not declining here. Now we need to watch. I don't think that the tony areas can escape the jumbo re-pricing.