Following are quotes out of National Realty News 11/13/06
David Lereah, NAR’s chief economist, said the number of homes on the market has been improving nicely. “The cooling from overheated sales conditions in recent months is helping to bring inventory levels up to the point where buyers have more choices than they’ve seen in the last five years,” Lereah said. “Annual price appreciation is still running at double-digit rates, but the cause of those sharp increases is going away. As the market readjusts, price appreciation should return to more normal rates of growth this year.”. According to tradition, burying a statue of St. Joseph in the lawn - and praying to the patron saint of house sellers - will help a real-estate deal. (some people in our market swear by it) But here is my take on it. If you cant beat em join em, besides the worst case scenario is that all you have to do is disclose it and then the question becomes how will St. Joseph treat the new home owners? - Doug Bachtel, Owner/Broker of ABI Real Estate Investments |  |