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Has the giant and once-red hot California market hit bottom? I am reminded by the words of my former colleague who recently decided to put his house on the market after retiring. I asked if this was the time to sell. He said during the last downturn, in the 1990s, it took eight years for his house to regain its former value. He didn’t want to wait that long.
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Original Source: www.businessweek.com
19 May, 2008| housingblogs |
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