The National Association of Realtors reported that December existing home sales rose 5% over last year, and have been up for three consecutive months!
"Lawrence Yun, NAR chief economist, said these are early signs of what may be a sustained recovery. “The pattern of home sales in recent months demonstrates a market in recovery,” he said. “Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market...
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