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Home trend predictions for 2007

What's in, what's out with homebuyers in 2007? My prediction for the Charleston real estate market will be a continued softening in sales as inventory levels still remain too high. My best guess, unit sales down another 10% from the record setting boom years and average sale price up 5% in homes, down 10% or more in condos (the condo classification has far more inventory because of lots of new construction and condo conversions).

On the in list are snoring rooms and rejuvenation rooms, both sound like a lot of fun Smile

On the way out, stainless and shiny metals. Some fun predictions along with some serious insights into real estate trends. Please read the complete story from Mark Nash, courtesy of Broker Agent News.

Published Wednesday, January 24, 2007 2:21 PM by Howard Arnoff
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