‘The Buyers are Returning’
Posted by Buddy Blake on Wednesday, December 17, 2008 at 9:12 PM
By Buddy Blake / December 17, 2008
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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.
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