‘The Buyers are Returning’

Sales are picking up in markets where prices are deflated, but the business is different than it was before the bubble burst, observers say.The housing market in deflated markets--like Arizona, California, Florida, and Nebraska--are beginning to show signs of a rebound. Lawrence Yun, National Association of REALTORS® chief economist, said the rebound is an indicator that buyers are returning to the market.
http://www.realtor.org/RMODaily.nsf/pages/News2008121602?OpenDocument

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