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First involving they are predominately renters (60%), a trend is actually not likely to carry on for a new while, that isn't collapse among the real estate lending market and many condo buildings converting back to apartments. They're smart! 78% of the citizenry has completed four or more years of college; and making a lot of cash with a comprehensive median wages of $96,200.
The 12.6 percent increase inside median sales price was the biggest year-over-year price increase since a nineteen.2 percent jump in July nineteen seventy nine. The backlog of two.87 million unsold homes was the highest since April 1986.