Housing Market News – The Economic Engine Accelerates Toward Recovery

By June 7, 2013News
Household Wealth

In Q1 of 2013 the housing market made very strong strides toward recovering its pre-housing crisis valuation. This is likely a more relevant measure of the state of the economy to the majority of Americans, whose sole investment is their home. There remains some resident concern about the foreclosure inventory and the emergence of a “next bubble” as investors come in to purchase large swatches of foreclosure properties, but the general consensus is that the regaining of property values is likely to continue.

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