Quote:
Originally posted by turbo6bar
Quote from Landlord forum regarding local RE conditions:
"Three months ago in Moorpark, CA where I live, there were 21 homes on the market in my zip code. A couple of weeks later there were about 50...and then more...and more. Last week there were 144 homes on the market."
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Maybe this explains why my realtor friend says houses are selling for over asking price here in Phoenix. All the Californians are cashing out and buying over here.