Wednesday, November 24, 2010
Forecast: Calif. home prices to drop 9.9%
The OC register reports - Real estate trackers from FiServ and Moody’s Economy.com forecast that California home prices will fall 9.9% in the year ending in June 2011 — fourth biggest drop across the nation. Essentially, all meager gains from June 2009-2010 will evaporate......
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2 comments:
Yet Lanser today says...
"Early November sales show price gain"
GO FIGURE...
DID YOU MISS THAT ?
Didn't see that - this blog is not my full time job, you know....
I don't see how some micro data about a week or two in November is relevant to the yearly forecast that was in the original post.....Of course, it is fluff for some real estate agent to use against unwitting buyers on Sundays....
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