Quote:
Originally Posted by fotze
My neighborhood went from an average sale price of $880k in July to $570k in August.
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Clearly, the neighborhood got warning that you moved in!
Fotze discount?
If you read the article (coughOraclecough) it clearly talks about the high end stuff not moving as much, thereby driving the average transaction price down. It's not really a freefall till foreclosures get prevalent.
More condos and average houses in your area moved perhaps?