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Dorene Slaivtz’s Blog

By Dorene Slavitz (213) 814-5238 | Agent in Culver City, CA

Economic Predictions for 2013 for West Los Angeles

"Shadow Inventory" has turned out to be a myth.

Smart Money is buying Real Estate now (Hedge Fund) but will likely flip and sell this inventory later.

Interest rates will drop a bit more, but we are almost at the bottom now. Cost of money is at an all time low.
Home prices will rise by 12%
Sales to increase by 15-20%
 
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