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It’s that time again! Real Estate Market Statistics for July are here!
It looks like the housing supply is still pretty high, which is of course pushing the declining home prices in many of the nations markets; however, listings have actually dropped in many of the areas markets that matter.
These stats aren’t a big change from last month, but do go to support the fact that there are some great buys out there right now because of the high supply of single family homes out there. With all of the foreclosures still piling up, it doesn’t look like the housing supply “problem” will balance out anytime soon.
Here are the real estate market stats for July 2008 and my commentary on what the stats mean (it’s both good and bad…).
Categories: Real Estate Market Statistics, market research, real estate investing, real estate markets
Tags: foreclosures, july housing market, Real Estate, real estate investing, real estate market, real estate statistics
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