August 20, 2007

 

Seller's Market?

Are there any segments which would be classified as a seller's market?

The Triangle Area Residential Realty (T.A.R.R.) Report states that:

"Detached housing priced below $300,000 in
[Apex/Cary/Morrisville] continues to be in short supply. This will
continue into the future due to the rising costs seen in land
acquisition and development."

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