Saturday, July 22, 2006

LATimes - "Housing Expert: 'Soft Landing' Off Mark" (7-21-06)

"The chief economist of the California Assn. of Realtors has stopped using the term "soft landing" to describe the state's real estate market, saying she no longer feels comfortable with that mild label."

"The state Department of Real Estate recently reported that the total number of agents in the state passed 500,000 in May for the first time. That's one agent for every 55 adults in the state."

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