Expert Analyses of the following article:
Home Sales Continue Decline
Source: www.bendbulletin.com
July 23, 2007The real estate market is a market!
Author: Mark Mariotti, CEO, Future Management Holdings Inc
1) Absolutely, the real estate market is a market. 2)Just like any other market... Supply and demand still at work.
July 18, 2007Not close to the bottom of the residential RE market decline yet.
Author: Kenneth Egan, Broker and Realtor, Re/Max All Cities Realty
We continue to see a large drop in transaction volume. We have no data that shows a return to a sellers market. Bend is one of the top RE markets in the entire U.S., so the data here is significant. A prolonged downturn is likely.
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