Hot Sizzling Home Markets Start To Fizzle
Posted on August 15, 2006
Filed Under Mortgage Updates
The once booming real estate market is now slowing down once again. The biggest impact is hot real estate areas such as Arizona, Florida and California but has spread overall to 28 states.
Can it be that most now have homes? Doubtful, it’s more likely that many can’t afford the homes that are there. When the house market is hot prices sky-rocket. Potential home owners should keep an eye out because when everything slows down they can start to get better prices than they would have a year ago.
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