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Debbi Rivero

Good News about the Market - Outlook of Housing Supply

2009 was another difficult year for many and the housing market struggled as well.  But as the year came to an end and the finally reports tallied, it seems there is some light at the end of the tunnel.  In comparing 2009 with 2008, we see that the days on market have decreased, and the number of sales have increased.  These are positive steps in the right direction.  http://www.mris.com/reports/housingsupply/Housing_Supply_Outlook.pdf 

The tax incentives are still in place for sales from now until April 30th, but don't wait until the last minute.  Latest news indicates rates will rise by April - up to 6%.  Get in now if you can! 

Feel free to contact me with any questions.

 

Published Wednesday, January 13, 2010 5:54 PM by Debbi Rivero

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