28.02.2013 - 5 more reasons to ignore these real estate bubble scare tactics
Get ready for the real estate bears to step up their scare tactics. Why? Because in the last 24 hours, S&P/Case-Shiller reported December results for its widely tracked home prices indices. And prices jumped 6.8% in the last year, ahead of the expected 6.6% increase. That's the biggest yearly gain since July 2006. Like I said, bears are bound to pounce on the bigger-than-expected gains as further proof that we're in the midst of another real estate bubble. (Or at least near a peak in the recovery.) It's total hogwash! To prove it, I'm sharing another five signs that the real estate recovery is far from over...............................................Full Article: Source
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