3% growth predicted by NAR

The National Association of Real Estate predicts a 3 percent growth by 2014 in the US GDP. In the January/February 2013 REALTOR magazine, they report that this increase in the Gross Domestic Product will be accompanied by continued improvement in the median home price. “After years of tepid performance, both existing-home sale and new-home sales are expected to see significant gains this year and next, despite a gradual rise in interest rates.” For the complete article go to: http://bit.ly/10ukrbm.

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