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Thu, Oct 23, 2008 -- 9:00 AM
Bay Area Real Estate
Bay Area home sales increased dramatically over the last year due to what experts say is a large increase in cheaper, foreclosed properties. Meanwhile, the median price declined by 40 percent from a year ago. We talk about the new data and what they mean for prospective home buyers and sellers.
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Host: Michael Krasny
Guests:
- Andrew LePage, analyst for DataQuick Information Systems
- John Quigley, professor of economics at UC Berkeley
- Maeve Brown, executive director of Housing and Economic Rights Advocates
- Sue McAllister, real estate writer for the San Jose Mercury News