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With Markets Back in Full Swing, REALTORSA Reflect on Past and Future of Real Estate

2014-11-07 08:52:25| Real Estate - Topix.net

The housing market has rebounded dramatically from the weak prices and record low sales activity seen in 2010, which was the last time REALTORSA were in New Orleans for the REALTORSA Conference & Expo , here through November 10. Today, housing markets in New Orleans and across of the country are well on the road to recovery. Existing-home sales are stronger, 31 consecutive months of year-over-year price gains have helped homeowners recover equity, inventory levels are improving, and distressed properties - foreclosures and short sales - are on a sustained decline and recently reached a single-digit market share.

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