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 DEC. 02, 2006
NAR (National Association of Realtors ) Says it's Time to Buy a Home
On Friday, November 3, the National Association of Realtors launched a major advertising campaign urging perspective home buyer's that have been putting off buying a home to do so. Six of the nation's leading newspapers will feature the ads.


The headline of NAR's first newsprint ad blitz has a headline which reads: It's a great time to buy or sell a home" to lead off the advertisement.

Key points of the ad include:
- Interest rates are close to a forty-year low, and have dropped seven for seven consecutive months.
- Existing home inventory are at the highest levels on more than 10 years.
- The prices of homes are stabilizing.

Buying conditions are subject to changes as sales and prices increase, and the market for sellers improves.

The ads ran Friday, November 3 in USA Today and the Wall Street Journal and ran Sunday, November 5 in the Los Angeles Times, The New York Times, The Chicago Tribune, and the Washington Post. The ads will run a second time on November 10th and 12th.

NAR members are being urged to include this message as part of their individual advertising.


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