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9 signs of hope for the housing market

Posted on 20 September 2011

Sentiment among U.S. homebuilders declined in September even as Lennar Corp. said Monday it saw a slight pick up in demand last quarter. That’s a mixed to gloomy picture, at best.
However, although high levels of foreclosures, unemployment and household debt are still hurting home prices, there are indications the worst of the downturn is close to over, according to GMO, the Boston-based asset manager led by legendary investor Jeremy Grantham……………………………………….Full Article: Source


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