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Blog Archives: November 2012

The Rilliet Report November 2012

November 13, 2012
Sheldon Rilliet
Although real estate tends to slow during November, news remains good as pending home sales have risen for 17 consecutive months on a year-over-year basis. According to Lawrence Yun, chief economist for the National Association of Realtors, existing-home sales in 2012 will total close to 4.6 million, an increase of 9% over 2011. With reports of lower unemployment rates, sales of existing homes are projected to rise at an average of about 9% next year too. Prices are rising in many areas of the United States. With a shrinking h ...

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