Cheap mortgage rates bite into already low housing inventories

More home buyers are being tempted onto the market by the incredibly low mortgage rates being offered, but they’re becoming increasingly frustrated at the limited choice of homes for sale. The combination of an unseasonable surge in buyer demand and reduced housing inventories, there simply aren’t enough homes to satisfy everyone who’s looking, CNBC reported.

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Looking ahead to 2012

What’s in store for housing markets in 2012? Well, the good news is that we may finally be over the worst. Following five long, often painful years of price declines, which saw median home prices drop by almost 40%, housing is finally showing signs of a rebound – although we still have some way to go.

Now Is the Time to Buy California Real Estate Says Top Realtor

There have never been a better time to buy property in Palm Springs California, says Brad Schmett, of Luxury Homes by Keller Williams. Brad is an expert in Palm Springs real estate and thinks a unique combination of factors makes this the most opportune time to buy and says “A rare combination of economic, financial and

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Washington DC Home Sales Go From Strength To Strength

Real estate markets in Washington DC are strongly rebounding, with average property prices increasing for the 14th straight month, according to local realtors. “The summer is looking like it will be a very strong one for us as the housing market here continues its steady recovery,” said Donna Evers of Evers & Co. Real Estate.

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