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Monday, June 3, 2013

Real Estate Market Shows Continued Growth

The U.S. Real Estate Market continues to work towards a complete recovery.

According to CNBC.com and the Associated Press, U.S. home sales are at their highest level in over 3 years. Sales are up almost 10 percent from May 2012.

The market's recent growth can be largely attributed to a wealth of eager buyers. Higher housing prices motivates owners to sell their homes for a good price, and these sellers become buyers as they search for bigger and better homes.

Leading experts also predict significant steps toward recovery, stating that "New England will largely shift from a buyer's market to a more balanced market as 2013 progresses." The market will continue to improve upon its record-low interest rates from 2012.

With inventory rising 12 percent from March to April 2013, it's definitely a buyer's market. Now is the best time to look at buying new properties.




 U.S. Real Estate Academy member Salena Kulkarni further discusses why you should take advantage of the growing market now rather than later.

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