Less Supply; Demand Steady
The Skyline Residential Report was released today and for the first time the market correction is evident. Vacant and available homes fell sharply from 2,956 to 2,551. This is especially encouraging when you consider that demand in the winter is historically soft. This would indicate a sharp decline in new construction and a steady demand. These types of results repeated throughout ‘07 in a healthy economy should return NWA to a robust and healthy housing market. Stay the course! Correction is positive!
More news on the Skyline Report will be available soon.
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