From Calif Association of Realtors: •According to CoreLogic the market is not experiencing a housing bubble, and the rise in mortgage rates will help to prevent one in the future. •Housing affordability is near its height due to historically low interest rates and home prices. •According to the housing affordability index, all but two states are affordable today, and most states are near their recent affordability high points. •Cash sales peaked above 40 percent two years ago and are slowly receding. •Cash sales are one of the drivers behind the rapid house price recovery. Who do you know that wants to buy or sell......I work off referrals!
Posted on: Thu, 18 Jul 2013 14:16:01 +0000
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