Time to ResumeThe long wait is over.
The next phase of the great xcession is about to begin and someone needs to track it and let people comment.
The last phase started like this. Stutter stops in housing price increases. THe latest Dataquick report:
California November Home Sales
The median price paid for a home last month was $244,000, up 1.7 percent from $240,000 in October, and down 4.3 percent from $255,000 for November a year ago.
The breakdown in Southern California is even worse:
Only San Bernardino saw a yoy uptick. The expensive counties are way down.