From KPCC’s morning radio show “Take Two”… “It was a buyer’s market: low prices, low interest rates, desperate sellers. But talk with just about anyone wandering around open houses each Sunday and you’ll hear a different refrain: What happened?! Prices here jumped more than 23 percent last month… and foreclosure filings dropped a stunning 77 percent… All of a sudden finding a house to buy isn’t so easy. Chris Thornberg, an economist and founding partner of Beacon Economics, is here to explain.” (Click link for story and 7 minute radio clip).
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