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2013: How rising prices could boost housing demand

Posted on 19 December 2012

Home prices finally hit a bottom in 2012. So will 2013 be the year of recovery or relapse? This is the second in a series of blog posts about where housing is headed next year. Potential buyers now have something they haven’t had in a long time: urgency (save for a few months when the government was paying people to buy homes with a first-time home-buyer tax credit).
This next year will be the first time since 2006 where prices ended the previous year in positive territory. Surveys already show that buyers’ expectations of future home prices have improved throughout the past year………………………………………..Full Article: Source


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


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