22.03.2013 - Home sales rise in February, but is the market really improving?
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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