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Archive for December, 2012

Happy New Year!

All signs are that 2013 will be a very happy one for home buyers and sellers. Several experts are predicting that young people — ages 18-30 — will help push the recovery. There is a great deal of pent-up demand among young families looking for homes. Also, as the market continues to rebound, many baby boomers are taking the opportunity to downsize or move to retirement areas.

Read more:

Top 5 Predictions for 2013 Housing Market 

2012-2013 Housing Market Forecast

Mortgage Giants Predicting Growth in 2013 Home Sales

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Another great sign of recovery in the housing industry:

Sales of mortgage-backed securities rose in November to the highest level in nearly 3 1/2 years.

Read more here from the Dec. 3, 2012, Los Angeles Times.

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