Aren't housing sales supposed to be a lagging ecomonic indicator, anyways?
Yeah, the dot.com bust of 1999-2000 really blew open the market on the Left Coast. A lot of this doom and gloom economic talk is the MSM trying to help the Democrat Party - they've been trying that technique ever since Reagan beat Carter back in 1980, when the country was ina nasty recession.
I bought this house for $330K in 2001, it's appraised at $550k or so of last year, land prices are higher.