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An agent on Trulia today asked what interest rate it would take to get buyers interested? I think it's going to take more than interest rates..there is an equity problem and an employement problem that needs to be solved to get consumer confidence up! Interest rates are already low, yet many buyers are sitting on the fence. It's more a matter of perception in my opinion. With news organizations stating how terrible the market is, the white house commenting that it will be 18-24 months before housing improves, when agents each and every day are telling clients houses are overpriced and to … (5 comments)
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