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It’s all about supply and demand. Right now there’s very little supply.
God almighty! you must be a young grasshopper! I heard this so many many times over
the past decades and each decade has proven this to be false.
Another typical sound bite from realtors....
There are other variables aside supply and demand which have influenced prices.
So why did prices been dropping, if your "limited supply" equation is correct ?
Greed is so blind and evil....
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Otherwise why would so many of these guys would risk their cash, They seem fully optimistic about the summer-2011.
Do you guys observe the same on Redfin and when you drive around ?
#housing