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The chart shows the number of hosues that sold, not the prices. So your comments reagrding how low the prices have fallen is not demonstrated by the chart - which is months of invesntory and number of hosues sold. If you actually look at localmarket conditions, there ares till - even in gasp..California..that are appreciating. In Denver, where I live, Adams County, East Aurora County are in the tank, but Cherry Hills is up 1.5% in price, Highlands Ranch was up .5%. Nationally, the price declines are being driven by places where there was a HUGE subprime issue - inland California, Nevada, Arizona and Florida, plus the job loss price declines in Ohio, Indiana, Illinois and Michigan. Try to stay away from gross generalizations - because truly, real estate is a local business. Want a place that is still appreciating is a big way - go the Charlotte, NC. I CAREFULLY track all this tuff.Anne

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