Richard Green/USC Lusk Center for Real Estate: Until February, we weren't seeing this. And now we are seeing houses go on the market and they are off the market in a week or two with seven, eight, nine offers, and often above listing price.
Erickson: Green told us the real estate hot spots are Pasadena, the Inland Empire, and anything along the coast. That's where we met Robert Meadows.
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