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Thursday, December 17, 2009

Nine Consecutive Gains for Pending Home Sales

The National Association of Realtors recently reported "Nine Consecutive Gains for Pending Home Sales". This is a great indicator that while we may not be out of trouble yet (need unemployment to start to drop) there are signs that the economy is improving. And housing got us into this slump so housing needs to pull us back out. This news coupled with interest rates at an all-time low and FHA downpayment requirements at ONLY 3.5% really make it a great time to buy a home if you can.

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