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  • Will You Add? - Home Prices May Decline over the Next Year

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    ve seen the hottest real estate markets over that five-year period, including New York, Los Angeles, and
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    As America's economy begins to cool, a number of economists have begun to predict only modest gains in the prices of single-family homes during the next year. The consensus is that home prices will rise between 3 and 4%, which is a respectable increase, but well below the 10% nationwide average over the past five years.

    Ironically, the biggest slowdowns are likely to take place in the areas of the country that have seen the hottest real estate markets over that five-year period, including New York, Los Angeles, and L

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    e prices of single-family homes during the next year. The consensus is that home prices will rise between 3 and 4%, which is a respectable increase, but well below the 10% nationwide average over the past five years.

    Ironically, the biggest slowdowns are likely to take place in the areas of the country that have seen the hottest real estate markets over that five-year period, including New York, Los Angeles, and

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    3 and 4%, which is a respectable increase, but well below the 10% nationwide average over the past five years.

    Ironically, the biggest slowdowns are likely to take place in the areas of the country that have seen the hottest real estate markets over that five-year period, including New York, Los Angeles, and

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    Ironically, the biggest slowdowns are likely to take place in the areas of the country that have seen the hottest real estate markets over that five-year period, including New York, Los Angeles, and

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    ve seen the hottest real estate markets over that five-year period, including New York, Los Angeles, and Las Vegas. However, the real estate price slowdown is expected to reach many other parts of the country over the course of the next year, as well.

    In an interesting twist, a number of real estate markets that have been slow over the past five years will begin to see upturns as the affordability of their home prices begins to catch the eye of buyers unwilling to pay the rapidly rising prices they see in other areas

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