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US: Real estate boomerang: From bust to sellers’ market?

Posted on 12 April 2013

From boom to bust and back again, residential real estate has seesawed back to multiple offers and bidding wars. It’s not just scattered markets. Across the U.S., real estate agents and analysts report solid home price increases and high demand.
However, home prices across the country are still far below their peak at the end of the boom in 2006. But market watchers say prices are likely to continue to climb in 2013. It’s good news for sellers and a relief for some distressed sellers, whose mortgages were once underwater but may not be anymore. So real estate agents are getting busy………………………………………..Full Article: Source


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