Friday, November 26, 2004

California Association of REALTORS® (CAR) predicts record year in 2005

Think housing prices are high? Well, if you believe the CAR, then housing prices will get higher in 2005. In fact, the CAR predicts that California housing will experience a 15% gain in 2005. The CAR attributes this "to low mortgage interest rates, an awakening economy, and a severe shortage of housing."

To read the online article, please read here.

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