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Originally Posted by Craig Vernon
As I have said on here before my wife and I have been watching the real estate market in TV for our near-term purchase for retirement. This morning 6-8-24 listings increased from 536 to 635 over night. Interesting turn of events?
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It has jumped. Many normally limited markets in Florida are surging in inventory. I would certainly wait and see how it plays out for a few days. The Fed leak that rates are remaining yesterday might be what’s going on? I know the FRED has A LOT of people concerned. The Las Vegas real estate market kind of emulates The Villages market and last weeks numbers show it is getting clobbered. We are perhaps edging into the big drop? Look for about 20% when all is said and done.
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