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Monthly Archives: July 2011

Positive Market Conditions

The U.S. housing market has shown increased stability in home sales during 2011 compared to the previous year. The trend has been an upward one since the expiration of the tax credit last summer. Home prices have softened, particularly earlier this year, due to a higher-than-normal number of distressed sales. However, both the percentage of … Continue reading »

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Housing and Economic Forecast Points to Rising Activity

Ā  Home sales are expected to stay on an uptrend through 2012, although the performance will be uneven with mortgage constraints weighing on the market, according to experts at a residential real estate forum today at the REALTORSĀ® Midyear Legislative Meetings & Trade Expo here. Lawrence Yun, NAR chief economist, said existing-home sales have been … Continue reading »

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