Sunday, March 2, 2014

HOUSING OUTLOOK




Citing the Standard & Poor's/ Case-Shiller index' the recent issue of Barron's noted home prices jumped 11.3% in 2013. The index tracts home prices in 20 major metropolitan areas. Offsetting what some view as good news is the specter of spiking mortgage rates and the big overhang of existing homes still on the market.

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