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

To: Peter V who wrote (124492)5/21/2008 3:58:10 PM
From: Jim McMannisRespond to of 306849
 
Foreclosures 4 in 10 SoCal home sales

lansner.freedomblogging.com

DataQuick reports today that nearly four out of every 10 homes sold in Southern California last month was formerly a home foreclosed upon by a lender. That binge of bargain hunting boosted sales to their highest level since the credit crunch hit in August and cut the median price of a Southern California home by nearly 24% from the peak price reached several times last spring and summer.



To: Peter V who wrote (124492)5/21/2008 5:06:44 PM
From: microhoogle!Read Replies (1) | Respond to of 306849
 
You still with old favorites like FXP, COF (short), SKF, SRS?

I covered COF at break even, after staying in red for so long. Guess I was just too early in shorting it. Now that I have covered it, it is free to sink


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