10-09-2006, 01:40 AM
In our News Paper, Moody reported that Butte county Chico will be expecting a 12.6% correction from the 2004 second quarter housing prices. The bottom of the correction would be in 2008. Personally I think that is dogging the bullet considering that this same area was able to appreciate over 20% in a two month time frame at the height of home price increases. Honolulu was given a .3% correction one of the lowest reported. They are expecting that housing prices to stay this way for a long peroid of time. Does that mean at a normal inflation rate?
http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/10-04-2006/0004445206&EDATE=
Keith
http://www.prnewswire.com/news/index_mail.shtml?ACCT=104&STORY=/www/story/10-04-2006/0004445206&EDATE=
Keith
Keith