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To me, from a layman's point of view, with the economy going nowhere I don't think anything is going to change a whole lot.
That is unless, of course, banks start to dump their inventory of houses that are in default.
This doesn't even take into account commercial properties.
Simple outlook, I know, but the way I see it we have a ways to go before we hit the bottom.
Bill, there are so many reports coming out right now that it's impossible to keep up with them.
Richard-You are so correct. Who and what to believe? And yes-Most are negative in nature. Well, not unless you read the reports generated by National Association of Realtors!
I think it is important to look at hard core numbers in comparison to years past in a specific market. The national scene often times is no where similar to a local market.
As far as negative, well I guess it depends on whether sales or good or bad and if you're a buyer or seller!
I've got another beach real estate report in the works.
Bill
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