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The Real Estate Market recovery will be a bottom up trend. This means that the entire real estate market's health is determined by the first time home buyer. As the first time home buyer enters the market it will help the lowest priced homes recover first. The top tier homes in any towns will take the longest to come back. This report shows the Absorption Rate, Inventory and Contracts in Princeton and surrounding towns. The picture is clear and the recovery is occuring from the bottom up.