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Monday, August 23, 2010

Real Estate News

The real estate market has slowed down to a crawl.  The tax credit helped, but more as a band aid, then an actual fix to the problem.  The applications for mortgages, and the application for permits for new homes is way down also.  The only good thing is that interest rates are still at record lows, but on the flip side banks are still weary and being very strict on who they will lend money to.  Hopefully a new, more permanant stimilus is put into place to help fix the problem.  www.gropmanrealtygroup.com, http://hubpages.com/profile/Local+Realtor, and follow on twitter @gropmanrealtygroup thanks guys

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