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The Escape Home: What’s next for the real estate market? We asked the chief economist at the National Association of Realtors

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So you want to buy a vacation home, but you’re waiting for the market frenzy to calm down long enough to allow prices to cool off and contract negotiations — which are overly favorable to sellers at the expense of buyers — to return to normal? You’re not alone. Lots of potential vacation-home buyers are on the fence, betting that the market will improve for buyers this fall as…

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