"The housing market is in the midst of a rocky recovery, but it’s too soon to declare the end of the worst real estate slide since the Great Depression.
Sales of existing homes picked up sharply last month and prices stabilized. But that’s because the market got a big boost from tax credits for first-time home buyers. It remains to be seen whether the momentum will carry over through next year after the program was extended through April."
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Housing market in rocky recovery
Wednesday, December 23, 2009
Housing market in rocky recovery
Labels:
foreclosure,
foreclosure filings,
housing recovery,
recovery
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