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A Housing Price Correction

My buddy Jason posted an interesting entry on what he’s seeing in the California real-estate market.

Its a good read… the comments are also worth noting as well.

Los Angeles housing market reaches the tipping point

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    • This entry was posted on Saturday, September 30th, 2006 at 8:13 am and is filed under Ramblings. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

    One Response to “A Housing Price Correction”

    1. Alec Glass Says:
      October 6th, 2006 at 4:44 pm

      I have also recently seen an article, which of coure I can’t find, indicating that some owners are listing lower in an attempt to get several people to “pull the trigger” and eventually getting caught in something of a bidding war. Thus the house would go for less than a ridiculous listing but more than true market value

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