Thursday, February 08, 2007

2006 State of the Housing Market Report

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has released it's survey on housing, and it shows:
. first-time buyers declined from 30.5% in 2005 to 27.1% in 2006 - the second lowest level
. buyers using a second mortgage was up from 38% in 2005 to 43% in 2006
. California home sales were lower in 2006 after four years of growth

To read more: 2006 State of the Housing Market report

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