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Seven Reasons for A Recovery in the U.S. Housing Market

Seven Reasons for A Recovery in the U.S. Housing Market.

To view the charts and read the full article.

1.  Housing affordability is at a multi-decade high.

2. Reflecting normal U.S. demographic trends (household formations of 1 million-plus per year) and a low level of 2008-2012 new-home production, there is plenty of pent-up demand ready to be unleashed

3. As rental prices have risen and as home prices have fallen, the economics of home ownership has improved

4. We have seen a decisive improvement in the jobs market

5. Mortgage rates are at historic lows.

6. Housing surveys have turned positive

7. Confidence is improving

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March 31, 2012 - Posted by | Uncategorized | ,

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