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Wednesday, October 3, 2012

Predictions from late September 2012

Home prices will rise by 5-10 % over the next two years.

Now is a good time to buy.  Proces are generally on the way up.

The backlog of forclosed, REO, Fannie Mae, shortsales etc will continue to be release to the market from the lenders ghost inventory.

Interest rates should rise little over the next 2 years.

Let's just see how accurate these predictions are.

Regards,
Mike

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