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New housing data may signal a passing opportunity

Posted on 02 October 2012

The latest housing information indicates that home prices have continued to make a slow and steady recovery. That’s good news for the economy in general, and specifically could help homeowners and depositors in savings accounts. However, it should be a call to action for potential home buyers, who otherwise could miss a rare opportunity.
The S&P/Case-Shiller Home Price Index rose in July, according to figures released on September 25. It’s too early to call this a rally, but then again, an orderly recovery in the housing market may be better than a return to the runaway increases of the housing boom………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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