Tuesday, May 17, 2005

What Areas Are Cold?

That's easier to answer than "what's hot?" if you go by the latest National Association of Realtors first-quarter report. The lower-cost markets with drops in prices have either "local economic weakness, mainly in jobs, or a large supply of homes available in the local market; typically, these are temporary in nature," says NAR. Examples: Beaumont/Port Arthur, TX and Waterloo, IA.

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