Thursday, August 03, 2006

Real Estate Market Update

Harvard University's joint center for housing studies says over the next 10 years there will be at least 2 million more new households than were formed over the past decade. This means that the current national slowdown in home sales will not last long. Real Estate prices falling in the past have been precipitated by over building housing supply or big employment drops and neither condition is present currently. For all your Ormond Beach and Ormond by the Sea residential Real Estate needs visit the Ocean View Realty Group web site at www.ovrealty.com

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