| There have been a number of positive developments in the housing market over the last several months, and that trend continued into September, as many areas continued to improve.
The housing market has strengthened considerably since the end of last year, and as a result, there is now an additional $860 billion in home equity nationwide, according to the latest Housing Scorecard released monthly by the Obama administration. As a consequence, sales of existing homes in the month of August reached the highest level seen in more than two years...............................................Full Article: Source
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