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Last week I attended a lecture by Dr. Lawrence Yun, Chief Economist for the National Association of Realtors. He showed over 40 charts and graphs describing the mechanics of the recent real estate market and what's to come. He demonstrated why he thinks the worst is behind us and why he predicts a relatively stable market over the next year or two. In some markets, prices will continue to drop by single digits while in others prices have already begun to climb. He predicts a 2-3% price appreciation nationally in 2010.An interesting fact he brought to the table relates to new … (0 comments)
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