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Up here in San Jose,, it is a different story.
I live in the Almaden Valley area, homes run from 600K on up. In my
neighbor hood home were selling for about 700000 just a month ago.
these are track homes that were bought in the late 70"s for 60 to 70K !
Now I see signs of "reduced", and more important. Very few people are
looking at the houses.. tsk.. tsk...
the one million + homes are starting to foreclose, from what I have heard.
Don Thompson
----- Original Message -----
From: <bruce.larson@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, August 22, 2001 12:28 AM
Subject: Re: [RT] sentiment
> Big story in the papers today lower end homes (<$300,000) in southern
> California were up 30% over the past year. I think this is a common
> theme everywhere. With no money down and low interst rates, everyone
> can afford an inexpensive home now. Its the $1 million+ homes that
> are lagging now.
>
>
>
>
>
>
> --- In realtraders@xxxx, "Don Ewers" <dbewers@xxxx> wrote:
> > Of course we are always a little slow up here . . . ya sure, you
> bet-cha .
> > . . then again maybe it is the "walking cryogenics" up here,
> everything is
> > slowerrrrrr.
> > don ewers
> >
> > ----- Original Message -----
> > From: "Don Ewers" <dbewers@xxxx>
> > To: <realtraders@xxxx>
> > Sent: Tuesday, August 21, 2001 9:52 PM
> > Subject: Re: [RT] sentiment
> >
> >
> > > In Minneapolis a total sellers market, very few used homes.
> Prices have
> > gone
> > > up so much I just sold a condo I bought 2 1/2 years ago that was
> using as
> > an
> > > office (vs renting office space) for 50% more than I bought it
> for.
> > > Incredibly that was up 15% over last December 2000(sold it in
> July 2001).
> > >
> > > So the market seems to vary by region or maybe just peaking here
> late?
> > >
> > > Hey I may have finally sold a top he-he.
> > > don ewers
> > > ----- Original Message -----
> > > From: <SLAWEKP@xxxx>
> > > To: <realtraders@xxxx>
> > > Sent: Sunday, August 19, 2001 3:41 PM
> > > Subject: Re: [RT] sentiment
> > >
> > >
> > > > In Seattle expensive (over 1 million) Downtown condos,
> penthouses marked
> > > down
> > > > 35% & no rush of buyers
> > > >
> > > > To unsubscribe from this group, send an email to:
> > > > realtraders-unsubscribe@xxxx
> > > >
> > > >
> > > >
> > > > Your use of Yahoo! Groups is subject to
> > http://docs.yahoo.com/info/terms/
> > > >
> > > >
> > >
>
>
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
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>
>
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