Home Prices at 1980s Levels

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Writes Steve Greenhut:

The LA Times is reporting that home prices in parts of Southern California have fallen to 1980s levels

My Realtor just called me today after a 1,600 square foot house on 2. 5 acres that I’ve been considering in the High Desert just dropped its price to $39,900. It needs work, but maybe I can trade my car for it!

3:58 pm on June 15, 2009
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