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In most markets prices won't go any lower and there is an abundance of inventory. Inventory of homes for sale is at a 15-year high. There are many options out there for buyers and sellers who are willing to negotiate and work towards a win-win situation for both parties.
Current market conditions won't last long. Research shows that prices are beginning to stabilize and price declines are over. A modest increase in property values is expected in 2011.
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