07.02.2013 - Another housing bubble? Recovery shows dangerous signs
It's impossible to ignore the increasingly loud cheers: The housing recovery is in full swing! Just on Monday, CoreLogic reported that home prices increased more than 8 percent year-over-year in December -- the largest gain in six years, when the boom was at its height. Home sales recently have been the strongest we've seen in a long time (though they are expected to temper in January due to a normal winter slowdown). All of that sounds great, but here's the problem: It seems to be mostly smoke and mirrors...............................................Full Article: Source
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