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  • Market downturn - Where is the bottom?

    One of the main reasons for the housing market downturn is the unprecedented run up in home prices (since 2003) which proved to be out of line with inflation and other "fundamentals". When will we see the BOTTOM?When Builders cease with their concessions on new home sales.When we see a surge in foreclosures (we are ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on December 23, 2007