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Cheap loans and homes drive upset US housing market

Posted on 12 March 2013

The lack of homes for sale in the US is leading to a puzzling increasing demand from buyers and renters. The National Association of Realtors (NAR) says it is surprised since the two sectors generally compete against each other, but they are currently growing in both areas.
That’s because house prices are low, coupled with low interest rates at an historic low, which makes buying real estate competitive………………………………………..Full Article: Source


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