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Blog Archives: July 2013

The Rilliet Report July 2013

July 24, 2013
Sheldon Rilliet
The Buzz The current trend in real estate is for sustainable growth. The issue is pent-up demand with buyer traffic nationwide at 29% above a year ago. The most recent stats released on June 30th from the National Association of Realtors report that existing home sales continue to rise by double-digit rates from a year ago. Lawrence Yun, NAR chief economist, says that the recovery is strengthening. Expect limited housing supplies for the balance of this year. There has been a very slight rise in inventory (3.3%) but strong buyer activity ...

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