Real Estate Market Trends

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Pre-written Papers:

Title: Real Estate Market Trends

Essay Details:

Subject: Miscellaneous

Author: Herbert C

Date: October 30, 2015

Level: University

Grade: A

Length: 3 / 618

Essay text:

Newswire on April 12, 2005 titled "National Association of Realtors(r): Home Sales to Soften with Firm Price Appreciation." Specific economic principles greatly affect the real estate market such as supply, demand and pricing and these principles will be addressed in this paper. Supply In many areas, there are shortages in the supply of real estate. In a press release published in U.S. Newswire, the National Association of Realtor's (NRA) chief economist, David Lereah states that "The market remains favorable for home sellers because housing inventory levels are tight." With the supply of homes being so low, individuals are willing to pay more in order to obtain a home...

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