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Friday, November 10, 2006

Waiting in the Wings

Washington, D.C., which boasts a healthy local economy, will likely need a smaller price decline to stop the sales bleeding than some metropolitan areas in CA where affordability conditions are forcing households to move to other locations.

David Lereah, National Association of Realtors Chief Economist
'Waiting in the Wings, www.relator.org, November 2006


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