NAR: Home Sales to Remain Steady

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Real Estate Agent with Re/Max Preferred Properties

I sure hope so. The National Association of Realtors is stating that they expect home sales to remain stable through this year. "Existing-home sales are forecast to remain flat around an annual level of 4.9 million in the first half of the year before improving to a 5.8-million pace in the second half. With a weak first half, total sales for 2008 are projected at 5.38 million, but are then seen to rise 3.5 percent to 5.6 million in 2009. The aggregate existing-home price is projected to decline 1.2 percent to a median of $216,300 this year, and then increase 3.5 percent to $223,800 in 2009." (realtor.org)  To read more, visit: www.realtor.org

 

 

 

 

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Johnathan Dias

Realtor Naugatuck Valley Homes
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