2006... A Stellar Year By Many Accounts! What Can We Expect In 2007?

Existing Home Sales Are Expected To Recover!

1. 2006 Was the 3rd best year on record;
2. Existing Home Sales are expected to rise steadily;
3. Buyers, especially 1st time buyers, now have a more balanced window of opportunity to purchase with the plus of Seller concessions/flexibility and still very low interest rates; and
4. By the 4th quarter of 2007, it is expected that existing-home sales will be 4.6 percent higher than the last quarter of 2006.

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