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2006 First Quarter Real Estate Market Update

Buy, sell or hold seem to be the biggest of bloat are keeping buyers sidelined to
worries of real estate investors in the see where the plateau will fall.-Miami,
2006 residential real estate market. Florida. Glutted inventories short-term,
After solid double-digit appreciation in south Florida waiting for the next batch
many major markets the last five years, of boomers. Many investors sitting on the
investors see the brakes on growth in sidelines.-Minneapolis, Minnesota.
2006. Where to go? Mark Nash real estate Downtown new construction saturated.
author of 1001 Tips for Buying and First-time buyers breathing life into
Selling a Home and syndicated columnist market.-New Jersey. This is state is one
for gives his report on the first quarter large bedroom community, prices flat, the
of 2006.-Atlanta, Georgia. Rising sold-in-five-hours days taking a
inventories could slow appreciation rates vacation.-New York, New York. Market
that have not matched other major price pressure building, but don't call
markets.-Austin, Texas. Good news here, it a buyers market. Sticker shock
affordable housing prices attracting anyone?-Philadelphia, Pennsylvania. Weak
employers. Rising appreciation.-Boise, job growth projections. Flat appreciation
Idaho. New on real estate investors expectations.-Phoenix, Arizona. Ignored
radar, attracting scores of out-of-state in the boom, now being discovered by
buyers. Good profit prospects.-Boston, investors. Most cities here are
Massachusetts. Soft job market, falling bargain-priced.-San Antonio, Texas.
prices and bloated inventories.-Chicago, Waking from a stagnant appreciation
Illinois. Recent national, state and period. Good returns projected here.-San
local statistics dispel bubble trouble in Diego, California. High inventories,
conservative middle America.-Dallas, fiercely competitive sellers and
Texas. Prices creeping upward, fueling declining prices.-San Francisco,
investor interest.-Detroit,Michigan. California. Greed factor subsiding,
Market impacted by soft auto industry and weathering the storm, bidding wars are
fears of cutbacks.-Houston, Texas. Demand gone and could be saved by tech industry
from Katrina transplants driving a strong emerging out of their bubble.-Seattle,
market.-Las Vegas,Nevada. Market Washington. Good economy and low
returning to normal appreciation rates, inventories offer attractive appreciation
demand stays steady.-Los Angeles, gains in 2006.
California. Declining prices after years




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