There is no sugarcoating the dramatic drop in home sales that coincided with the expiration of the First Time Homebuyers Tax Credit, but there is somewhat of a Silver Lining to the otherwise gloomy outlook. Great values coupled with unprecedented Mortgage Rates still make it a great time to buy.
For a bit more detail, please read this article from Realty Times.
Realty Times - Real Estate Outlook: Mixed Figures
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