“The overall index rose to 60.1 in April from 56.2 last month. Any reading over 50 indicates that the local economy is growing, while a reading below 50 suggests a slowdown.”
May 3, 2007 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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