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US real estate market to hit bottom in 2012 year-end

Posted on 05 January 2012

Prices of residential properties in the market are expected to hit bottom through a 1.57% decrease by last quarter of 2012 as per the results in the December Zillow Home Price Expectations Survey.
Experts foresee a continued decline in the real estate front of the economy that could be accountable for property prices to floor until early 2013. Negative equity, low consumer confidence and unemployment provide not enough room for another pre-bubble years’ type of appreciation for the market to come into………………………………………..Full Article: Source


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