1. It is seasonal Every fool here knows there is more demand for housing in the March to July period of time because families prefer to move during summer vacation. Wait to September time and see it drops back by 3% or more. Also- pricing is still too high. Homes sell in Los Angeles for 30% to 50% lower than peak pricing but still way above appraise values. No doubt real estate agents try to make the market wake up. Low pricing and slow sell means no commission. What do you expect them to say? LA Guy | 23.06.09 (ל"ת)
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