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Home prices: Don’t buy the hype

Posted on 31 August 2010

From Thestreet.com: Though Freddie Mac’s report on Monday showing the largest quarterly home-price increase since 2005 seemed like good news prima facie, the headline number hid a troubling sign for the U.S. housing market.
Home prices have only risen twice in the past three years: When the Obama administration unveiled a $275 billion homeowner-bailout program, and when its popular set of tax credits expired……………………………………….Full Article: Source


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