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Home Sales Rocket in Inland Empire, Prices Off 40%
Sign On San Diego ^ | November 25, 2008 | Sign On San Diego News Services

Posted on 11/26/2008 5:11:38 AM PST by ArmstedFragg

Home sales skyrocketed 254.9 percent in the Riverside/San Bernardino area in October, compared with the same period a year ago, while the median home price fell 39.7 percent to $209,990, according to figures released Tuesday.


TOPICS: Business/Economy; Local News; Miscellaneous
KEYWORDS: housing; mortgages; realestate
They seem to be unable to find the cause...
1 posted on 11/26/2008 5:11:38 AM PST by ArmstedFragg
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To: ArmstedFragg
Hmmmmm...maybe because nobody REALLY wants to live in the 909, given the prevalence of meth labs and commute from hell on the 91 every day? Could THAT be why the houses are so damned cheap?

And oh yeah--because nobody in their right mind these days would pay $600K for a 1600 sq. ft. house on a 3000 sq. ft. lot.
2 posted on 11/26/2008 5:15:43 AM PST by OCCASparky (Steely-Eyed Killer of the Deep)
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To: ArmstedFragg
OH!! MY!! GOD!!
WE ARE DOOOOOMED!!!
oh wait. wrong thread.

3 posted on 11/26/2008 5:17:24 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: OCCASparky

Okay, that too.

I was going for the possibility that there might be some causal relationship between the price decrease and the sales increase.


4 posted on 11/26/2008 5:24:16 AM PST by ArmstedFragg
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To: OCCASparky

HEY!!!!!

I Live in the 909!

There’s a reason why the 909 has meth labs and the OC has the worst part of the 91...the 909 got to pick first.


5 posted on 11/26/2008 7:00:00 AM PST by JRios1968 (Sarah Palin is what Willis was talkin' about!)
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To: JRios1968
If not for the bad people and the meth labs, 909 would be a very nice place to visit.

Nice mountains and desert scenery.

6 posted on 11/26/2008 7:25:03 AM PST by I Buried My Guns
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To: JRios1968

Corona ain’t in the OC. Granted, the whole 91 pretty much sucks, but as Ralph Garman put it on KROQ, there SHOULD be signs in Riverside/Corona/Fontana/etc., which say, “If you lived here, you’d be sad!”


7 posted on 11/26/2008 7:27:04 AM PST by OCCASparky (Steely-Eyed Killer of the Deep)
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To: OCCASparky

My little corner of meth-lab infested desert here in the 909:

http://californiadestiny.com/indeximages/clm/claremont_california.jpg

Note the snow capped mountains, sunny skies, tasteful landscaping, ample mountain biking trails on the hills north of town ( 180 acres just bought last year for wilderness park) and tree lined streets.

70 degrees in December.

Just sayin’....


8 posted on 11/26/2008 8:07:33 AM PST by GasMan2k
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To: OCCASparky
...there SHOULD be signs in Riverside/Corona/Fontana/etc., which say, “If you lived here, you’d be sad!”

Well, now you're talking about Fontucky and Riverslime...that's different! Redlands is the jewel of the IE!

9 posted on 11/26/2008 8:13:26 AM PST by JRios1968 (Sarah Palin is what Willis was talkin' about!)
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To: JRios1968

Even if you’re the crown jewel in a mountain of crap, never forget you’re still in a pile of crap.


10 posted on 11/26/2008 9:02:28 AM PST by OCCASparky (Steely-Eyed Killer of the Deep)
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To: OCCASparky

What a coinkydink! That’s precisely what we say about the OC!


11 posted on 11/26/2008 9:03:52 AM PST by JRios1968 (Sarah Palin is what Willis was talkin' about!)
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To: ArmstedFragg

Sounds like the WalMart strategy.


12 posted on 11/26/2008 9:05:21 AM PST by caver (Yes, I did crawl out of a hole in the ground.)
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To: JRios1968

At least all those housing developments in the OC don’t SMELL like crap.


13 posted on 11/26/2008 9:10:54 AM PST by OCCASparky (Steely-Eyed Killer of the Deep)
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To: OCCASparky

They just LOOK like it...


14 posted on 11/26/2008 9:29:33 AM PST by JRios1968 (Sarah Palin is what Willis was talkin' about!)
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To: JRios1968

They’re the same builders.


15 posted on 11/27/2008 7:00:39 AM PST by OCCASparky (Steely-Eyed Killer of the Deep)
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To: OCCASparky

Good point...and yet, the houses here look better...they must save the high quality stuff for this side of the IE


16 posted on 11/27/2008 9:15:58 AM PST by JRios1968 (Sarah Palin is what Willis was talkin' about!)
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