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Real Estate Recovery Or Not? 2012 Predictions by the Pro's Infographic
This is a phenomenal article about where we are today in real estate. In the Panama City Beach area, the market is exploding! Multiple offers, bidding wars, and lots of cash buyers coming into our area.
Prices are on the rise, so if you have thought about owning a little beach home of your own...don't wait! Properties are going under contract faster than we can list them!
Real Estate Recovery or Not?2012 Predictions By the Pro’s Infographic Data, data everywhere, but what should you believe?  Are we on, in the middle, or at the tail of a deflating real estate bubble?  Is there a Florida real estate bubble?There is A LOT of conflicting data emerging about the 2012 real estate market and 2012 real estate transactions.  Case-Shiller has emerged as the leading index of real estate values.  The Q4 2011 S&P/Case-Shiller index (1) shows continuing declines in real estate values with quarter over quarter declines of 1.1-1.2% and annual declines of 3.0-3.4%.   RealtyTrac is the leading source of foreclosure data.   On January 12, 2012, RealtyTrac published (2) surprisingly good news showing a 33% decline in the number of homes in foreclosure from 2010 to 2011.   The National Association of Realtors (NAR) Chief ... more

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