3.25.2009

CA Real Estate Down 41% from February 2008

According to this report, it looks like the Golden State where I reside is still ground zero for the housing meltdown – most of the downside is from foreclosures. Anyone ready to buy? Remember famed investor Warren Buffet’s quote, ” Be fearful when others are greedy and greedy when others are fearful.” http://www.bloomberg.com/apps/news?pid=20601213&sid=aUnHHxyqfsyA&refer=home

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