Archive for June, 2007

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Traffic Sharply Below Expectations in May; Increased Pricing Pressure Likely

BofA Monthly Real Estate Agent Survey
Traffic Sharply Below Expectations in May; Increased Pricing Pressure Likely
Agents saw fewer buyers and increased hesitation in May. Traffic worsened further in May as agents indicated a lower than expected level of buyers and also noted that buyers have become very hesitant given the excess inventory of homes
for sale. Buyers [...]

1Jun2007 | Brecht Palombo | 0 comments | Continued
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