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Old 06-24-05, 02:45 PM   #20
al_bundy
DVD Talk Legend
 
Join Date: Aug 2001
Location: Transfatfreeville
Posts: 20,131
i've been reading it since it was in the 30's but I did notice that the tone changed in the last month. For the last two years everyone was posting stupid newspaper stories about people bidding up prices or links to stupid books about how the world is going to end. In the last month people started posting links to stories and anecdotal evidence that there is price pressure, asking prices are dropping and homes are taking longer to sell.

In the new home sales report that came out today and volume is up, but the median price is down