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The Real Estate Adviser |
October 27, 2005
Should you wait for the local housing market to cool before jumping in to buy a home? While that question may be on the minds of many consumers, the reality of a significant drop in home prices and a rise in inventory is rather remote.
I have given considerable thought to both the price and inventory factors recently for two reasons: I was intrigued by comments from consumers after the latest Northwest Multiple Listing Association monthly figures, plus I followed the three-day story of a young woman's pursuit of a University District home two weeks ago.
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