Though thousands of new homes were built in the past decade/half and the area has a growing population, home sales remained anemic in 2011 with lower prices and lower sales than 2010, which was a hot mess when the Fed tax cred expired.
Sales were comparatively buoyant 13 years ago, even with the 30 yr fixed mortgage averaged around 7.5% in 1999. 2011 opened at 4.8% and closed at 3.8%.
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