Is favorable weather really that important in housing
(2008-03-25 13:25:34)
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market? I still remember when this forum was opened more than a years ago, dozens of RE bulls were arguing and defending that weather contributes to higher price and may retain price better in significant manner.
1.5 years later, when we look back, weather seems not that critical. Weather matters if and only if employment is strong first. The gound zeros in current slump markets are mostly in weak area where weather is good and job is bad - stockton, most of san diego, many of southern CA, FL, LV.