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The housing market lives! Finally. Maybe

Posted on 09 March 2012

After several false starts, housing is flashing the strongest signals yet of a sustainable rebound. Buyers are wading back into the market, spurred by rising employment and record-low mortgage rates. Six years into the biggest real estate collapse since the Great Depression, housing may become a net contributor to the U.S. economy for the first time since 2005.
“There are definitely green shoots in the housing market, no argument about that,” says Peter de Bruin, an economist at ABN Amro Group Economics in Amsterdam………………………………………..Full Article: Source


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