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Monday, December 31, 2012

Housing market improving

Great news!  The housing market is continuing to improve.  The investors are willing to invest, the graduating college students are interested in buying, we just need people to sell.  1.5 million potential buyers in the market place need something to buy.  If you or any of  your contacts have been putting off selling, it is time to do your research and jump into the market again.
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Housing's new twist-more bedrooms and less garage space designed toward multi generational households.  Hispanics and Asians are more likely to form these households.  -Regina Lewis, USA Today
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HARP will be continued through 2014, but only loans backed by Fannie and Freddie will be refinanced.  cmlynski@housingwire.com
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Growing demand and shrinking supply are fueling the housing industry.  Remember those millennial's who graduated college and need homes.
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Facebook is trying to get into the local search business.  For real estate this means that if you don't use Facebook to promote your company, you should.  Something called Nearby is what Facebook is using.  Look for search changes in 2013.
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Zillow expects home prices to rise 3.1% in 2013.
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S&P and Lender Processing Services say the housing market is up 4.3% year over year.
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Be consistent in your marketing and forward thinking.

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