[pierstroll]

PS: I identified myself earlier on this thread so you would not have to fantasize a conspiracy.

[pierstroll]

Earlier I said that the average price of homes has increased in California. This is how that happened. Those of you who know stat may have already figured it out.

The high end of the market continues on. People with money buy when they want to or need to. The middle and low end have seen flattening or depreciation from 5-20% in the last year in California, ex-Texan's home state based upon his stated expertise.

Since the sales of low end are off and the high end has remained basically the same, the high end is a higher percentage of the market than it was last year. That makes the average go up, while others are suffering.

Of course the actual situation is that most people are not buying or selling and are long-termers wondering what all the fuss is about.