Tuesday, August 4, 2009
California, Arizona and Florida show signs of economic stability.
Three of the 4 states that have been the hardest hit by the real estate meltdown show improvement. Michigan is the only other state that is not recovering. Sales in California and up 20%+ year-over-year and foreclosures down. Prices have increased 3 months in a row so it looks like a trend is starting. As I've said before, unemployment will continue to rise as that is one area that recovers last. Click here to see the Associated Press article as printed in the Seattle Times.
Labels:
Associated Press,
Blog,
Real Estate,
Real Estate Agent,
Realtor,
Recovery,
Seattle,
Seattle Times
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