September 17, 2010
By: Ken Fears, Manager, Regional Economics The national homeownership rate peaked in 2004, but has since fallen in every age group. Homeownership slipped the most in the under 35 age group. This group had a homeownership rate of 43.1% at the market’s peak in 2004 before declining to 39.1% in the second quarter of 2010, [...]
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September 16, 2010
Here is the August 2010 market report for the Canton area. 86 days on market to sale – this is 85 days less than in Aug. 2009 Sellers received, on average, 98.4% of their list price when the home sold There is 8 months inventory of homes on the market Current inventory is 24 in [...]
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