Forecast: What a difference a month makes
By Glenn Roberts Jr., Monday, June 9, 2008.Bookmarking Sites
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The National Association of Realtors expects that resale home prices will drop 6.4 percent this year following a 1.4 percent annual decline in 2007. The latest 2008 forecast for median resale home prices is down 4 percent from a 2.4 percent decline anticipated in the Realtor group's previous forecast report, released last month.
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Submitted by Eric Bouler on June 11, 2008 - 5:59am.
Eric Bouler
Prudential Gardner
New Orleans,La.
www.neworleanscondotrends.com
Alot depends on what happen on the jobs and energy front. Home sales are not in a vaccuuum. Some areas are going to just take longer than others. People are changing their habits as to what they want and where they will buy.
Submitted by Christine Donovan - Costa Mesa Real Estate on June 11, 2008 - 12:37pm.
It seems that uncertainty is the name of the game unfortunately. Hopefully we'll begin to gain some clarity after the election and after we see where the economy and fuel prices start to settle.
www.donovanblatt.com
Submitted by Joe Cline on July 5, 2008 - 6:51pm.
Ouch. Now's the time to buy some property huh?
Joe Cline
New Homes in Lakeway from Affinity Properties, Lakeway TX Realtors | Great Hills Texas Real Estate Search