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Housing market picks up speed for 2012

Posted on 20 January 2012

It’s only January, but already the latest real estate news indicate that the housing market is looking up. CoreLogic’s latest MarketPulse report, released Wednesday, suggests 2012 could be the year of the housing turnaround. Improved unemployment figures, low mortgage interest rates and inexpensive homes could be just the kick the housing market needs to begin a recovery.
Home sales are expected to rise between 2 and 5 percent year-over-year, according to Freddie Mac’s U.S. Economic and Housing Market Outlook survey, also released Wednesday………………………………………..Full Article: Source


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