The latest figures show that homes sold faster last month than in any February since 2007. In some fast-selling markets, homes were only on the market for a median of 14 days.
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Tight credit conditions that have held back many potential home buyers the last few years appear to be thawing just in time for the spring buying market to begin.
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In his annual economic report to Congress, President Obama said the housing market is bouncing back, but that some economic roadblocks may threaten the recovery.
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Younger generations were badly hit in the recession, and many have delayed home ownership, which could put a long-term dent in their wealth later on in life.
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The number of Americans who say they are optimistic about being able to buy a home soon saw a big jump in the past six months, according to a new survey.
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Almost half—45% to be exact—of all buyers used open houses as a source in their home search process, according to NAR’s 2012 Profile of Home Buyers and Sellers.
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Learn how to focus on business development and prospecting by nurturing past business relationships.
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