Home Sales Increase, but Prices Aren't Rising Fast Enough


In any normal market, an increase in home sales would be good news. But combined with extremely sluggish price appreciation, the leading housing indicators may point to more trouble than good. Research firm Radar Logic believes these two factors, combined with a decrease in sales of foreclosed homes, suggest that the nation's housing woes aren't over yet. Some economists believe that home prices might fall as much as 5 percent in the next year if these trends continue.
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With spring home buying season around the corner, will you consider buying?
Yes. Affordability is at a 30-year high, and I should be able to qualify for a mortgage.3077 (20.4%)
No, but I would if I could. Lending in my area is still tight, and I don't have that kind of cash on hand for a down payment.5156 (34.1%)
No, I'm holding out for an even better deal.2856 (18.9%)
Nope. It's a renter's life for me.4013 (26.6%)
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