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Home sales in the “upper brackets” of the market reportedly perform better than average-priced homes. had the second-highest influx of wealthy international homebuyers last year, although it also had its lowest level of international purchases since 2009. inventory levels stabilize.
Housing starts plummeted to the lowest levels in 50 years in April of 2009 and the cost to build soared. If one would normally pay 20% based upon their tax bracket, they will pay 10% instead. And increased inventory at lower price points promotes a balanced market with price stability for the buyer. A lost 20 years.
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