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Real Estate Market Trends
Essay specific features
Written by:
Rhonda S
Date added:
December 30, 2013
Level:
University
Grade:
A
No of pages / words:
3 / 618
Was viewed:
7410 times
Rating of current essay:
Essay content:
Newswire on April 12, 2005 titled "National Association of Realtors(r): Home Sales to Soften with Firm Price Appreciation." Specific economic principles greatly affect the real estate market such as supply, demand and pricing and these principles will be addressed in this paper.
Supply
In many areas, there are shortages in the supply of real estate...
displayed 300 characters
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In a press release published in U.S. Newswire, the National Association of Realtor's (NRA) chief economist, David Lereah states that "The market remains favorable for home sellers because housing inventory levels are tight." With the supply of homes being so low, individuals are willing to pay more in order to obtain a home...
displayed 300 characters
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