Wednesday, June 21, 2006

Smart money is leaving the real estate market

Rockford's Newspaper Rock River Times | rockford illinois news information: "Dr. Christopher Thornberg, a member of the forecast staff, told a blog called The Housing Panic: “Actually, what we are seeing is a very typical slowdown in the market so far—there is nothing particularly soft about it (the landing in bubble markets). The claim is that because unit sales are falling but prices are still going up, that this is an unusual slowing. The fact is that most breaking markets start with activity, and it takes three to four quarters for that to take all the wind out of price appreciation. How hard it will be, remains to be seen.”"
Newer real estate sites: La Jolla real estate -Del Mar real
estate
- Poway real estate - Sacramento real estate - San Francisco real estate - Orange County real estate - San Jose real estate - Los Angeles real estate

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