Wow, stunning how sharp of a drop we have seen. Residential Real Estate has historically seen very gradual incline/ declines. On a side note, Kristina's sister Jessie and her husband Doug just put in an offer on a house. They had to offer $70k over asking price and placed one of 25 offers on the house. Even though foreclosures are high and prices are down, there is still an overwhelming amount of demand.
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