Real estate blog entries tagged with excess inventory by Jan Delimont, Principal Broker (Prudential Seaboard Properties)

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Home : Blogs : Jan Delimont, Principal Broker : Coos Bay Oregon Real Estate : Tag "excess inventory"

excess inventory: Improvement Forecast for Housing Market in 2012 - 11/14/11 10:25 PM

According to Lawrence Yun, chief economist for the National Association of Realtors, the best affordability conditions since 1970 combined with a significant level of pent-up demand will lead to an improvement in home sales and the overall housing market in 2012. Yun believes existing-home sales will rise nearly five percent next year and new-home sales, which have been hurt by excess inventory of previously owned homes, will increase 23 percent. Increasing sales and falling inventory should positively effect home prices, which Yun believes will rise in 2012. Yun said home prices have shown a definitive stabilization pattern in most … (0 comments)

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Jan Delimont, Principal Broker

Coos Bay, OR

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Prudential Seaboard Properties

Address: 556 N. Bayshore Drive, Coos Bay, OR, 97420

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Looking to buy or sell a home in Coos Bay, Charleston, North Bend, Telegraph Hill, Simpson Heights, Lakeside, Bandon or Coquille, Oregon? Jan Delimont (541-290-1850) is just the person to help you out. Licensed in Oregon

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