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Griffin Knights Realty Corp

Serving Orange County, CA

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Housing Market Stabilization Best in 18 Years

March 20th, 2010

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National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released record-high levels of housing affordability, the highest level since first being compiled 18 years ago. Oddly, the latest housing news is usually about the nation’s high foreclosure rates, but the combination of the sliding house prices and favorable mortgage rates are apparently creating a more stable housing market.

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