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Real Estate 4 More Blog; July, 2009 Archive; Real Estate 4 More Blog | -- ../../local/real4/index-July-2009-1.html
07/28/09 20:59
In many markets, home builders are in direct competition with foreclosures. A lot of which tend to be a new construction. Given the money laid out to build, prices can only be cut so far. Bernard Markstein of the National Association of Home Builders, said that though it's a short sale being a foreclosed home, appraisers have not been adjusting. THey believe that recovery is what will have to be the settling issue, even though there are visible bumps that lay ahead in the road.Link: Home Appraisals: How Appraisers Are Threatening Real Es
Tags: appraisers • national association of home builders •
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07/09/09 20:28
I believe that a lack of insight is the greatest lesson that we can learn when it comes to things like the real estate bubble. Read more: The Real Estate Bubble [click] Tags: housing bubble • economic downturn in real estate •
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