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 Home Buyers Zero In On Gulf Coast Markets
12-06-2006
Select Gulf Coast communities, hardest hit by hurricane-spawned housing shortages, have become booming regional anomalies, surrounded by larger markets suffering some of the slowest price gains in the nation.
In the first quarter this year, the West and East South Central real estate markets were the third and fourth slowest in the nation. Only the West and East North Central regions, among nine tracked by the Office of Federal Housing Enterprise Oversight (OFHEO), had slower rates of appreciation.
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