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August 16, 2007

July Home Sales Hit 11-year Low

It was two years ago this month that some housing experts began seeing the first signs that the Sacramento region's housing boom had begun to peak. "The bell has tolled," said Lyon Real Estate owner Mike Lyon in August 2005, declaring that the era of skyrocketing home values and sales may have hit its high-water mark.

Read the full story here:
http://www.sacbee.com/103/story/327973.html

Posted by Jeff at August 16, 2007 7:09 AM

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