<Charlie Hall's New Book, Udall and Bartlett on the NPC Report, and a New FAQ The Oil Drum DrumBeat: July 30, 2007>
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187 comments on DrumBeat: July 29, 2007

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nelsone on July 29, 2007 - 10:57am Permalink | Subthread | Parent | Comments top

Thanks for this, expat. Under the June tab of icantsellmyhouse is a link to the California Assoc of Realtors:
http://www.car.org/index.php?id=Mzc1NDY
Some of these stats are mindblowing - could small data sets be the reason for so much apparent instability? In San Mateo County, Burlingame up 21%, while right next door in Millbrae, -30%, in ONE YEAR??
Sonoma used to be such an idyllic place, near enough but far enough from The City. And now the city of Sonoma shows a 36% decline in median home price in a single year. Party's over.

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sajoy on July 29, 2007 - 5:16pm Permalink | Subthread | Parent | Comments top

Rich white people that don't work are still doing well. You'll notice in the CAR May 2007 list in Contra Costa county Walnut Creek is flat, Danville is way up, while everything else is negative. It's the working class areas that are hemorrhaging value.

I live in Burlingame, and houses are still selling here, shopping areas are still busy. The Target store in San Mateo has visibly less traffic than last year though.

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187 comments on DrumBeat: July 29, 2007

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