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Real Estate Briefing - Categorized | Americas, Market Moves more

US housing market: Following 15 years of boom-and-bust, is it getting back to normal?

Posted on 05 March 2013

The U.S. housing market has been in stabilization mode for only the past year or so following an eight-year run-up to the peak of the housing bubble in 2006 followed by what most homeowners who bought in that period know: a bursting of a massive speculative bubble that sent the nation into recession and millions of homebuyers into foreclosure.
But, according to a recent analysis of more than 380 U.S. housing markets, home prices have in recent months begun to resemble “something recognizable as normal,” David Stiff, chief economist of Fiserv, Inc., a global provider of financial services technology, said………………………………………..Full Article: Source


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