Home Buyers Feeling More ConfidentJan 23 2012
With 4.61 million existing-home sales completed in December, this 5% increase since November means that consumers are feeling more confident in the economy and moving forward with home purchases. With continually low mortgage rates, job growth and bargain home prices, the housing market is seeing a steady recovery as it enters into 2012. The American dream of owning a home seems to still be in high demand, but has been pent-up the last couple years and now those new homebuyers are ready to become homeowners. As the job market continues to grow, we’ll also see the home market growing.
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