CAAR’s annual market report is in

The shortage of homes for sale continues to be
critically low and demand, fueled by continued low interest rates and a much
improved economy, is expected to continue to be strong.

This makes for a very good read –

“The shortage of homes for sale
continues to be critically low and demand, fueled by continued low interest
rates and a much improved economy, is expected to continue to be strong. This
combination of high demand and low supply will continue to pressure home prices
to rise quickly. All the pieces are in place for another great year for real
estate in 2005. …

The shortage of
homes for sale continues to be critically low and demand, fueled by continued
low interest rates and a much improved economy, is expected to continue to be
strong. This combination of high demand and low supply will continue to pressure
home prices to rise quickly. All the pieces are in place for another great year
for real estate in 2005.”

Our market
is a very difficult one for many buyers. Good for most sellers, except those who
try to realize such an outlandish gain that they price themselves out of the
market.

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