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Lori Lopez

Are we in a "down" market?

I can't tell you how many times a day I get asked this question. I want everyone to know if I had a crystal ball that could tell me what the market will do; I would share with my clients! I unfortunately don't. There are many things that affect the market as well as the fact real estate is fairly stable. I have seen the market take a sharp down turn as far as number of sales this year after July when the mortgage industry lost major funding. While most of the products are slowly coming back it is still a buyers market. If you are a salaried employee with decent credit this is the time to buy!

Published Tuesday, February 26, 2008 8:58 PM by Lorraine Baldwin-Lopez

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