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REAL ESTATE UPDATE
It is impossible not to sense our real estate market is correcting…We still have very large off market sales like the recently closed $91,000,000 sale of a 14,000 sq ft home on the corner of Red Mountain Rd and Placer Lane. However, as we watched the last year, you cannot price your home based on one insane sale in your
neighborhood. We are seeing price reductions at all levels, so the summer market will be very interesting!
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