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

To: Road Walker who wrote (442893)	12/28/2008 11:25:15 AM
From: bentway	Read Replies (1) \| Respond to of 1574854

I don't know about the other two, but Riverside-San Berandino are lower end, gang banger, biker markets. The kind I like! I considered moving to San Bernadino.

To: Road Walker who wrote (442893)	12/28/2008 2:51:04 PM
From: tejek	Respond to of 1574854

Sales almost tripled in California’s Riverside-San Bernardino, High Desert and Monterey County regions... Those are very high end markets, no? Riverside-SB and High Desert....no. I don't know Monterey but I do think its the cheaper alternative to San Francisco. R-SB is called the Inland Empire and if I remember correctly, the Inland Empire was the first area to come back after the last bust. The IE was where Ten was looking when he thought he couldn't afford the OC. The way this works is that the most affordable areas recover first. Besides working through the inventory by selling the REO homes, I think we're seeing the supply dwindle and the days on the market go down because owners of more expensive homes are taking their houses off the market if they don't have to sell. They've decided they don't want to sell at a lowered price and will wait. If the last bust was a model, for the next year, things will go back and forth.....some months will be worse and some months will be better until the market and the economy stabilize.