As existing home sales continued their steady climb in February, low inventory is creating competitive markets in some parts of the country. But low prices and high demand aren't creating a rapid increase in home prices. What's wrong?
If you've been following US real estate recently, you know that it's a “seller’s market” marked by “favorable buying conditions.” There is “pent up demand” that is limited by ”tight credit standards.”..............................................Full Article: Source
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