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Vicki Johnson, First Vice President, Desert Heritage Mortgage
This year’s prognosis:
2007 looks to be a year of continuing the readjustment toward a balancing of supply and demand in the housing market. The resale market is adjusting gradually as seller’s reduce their expectations from the price levels of last year. As buyers and sellers psychologically adjust to the new reality, we believe the market will normalize in an evolutionary way over the year. More…