Real Estate Insights

Real Estate Insights: "Climbing Out of Recession

There’s been a flurry of good news about housing and the economy lately. Both home sales and pending sales have posted several consecutive months of increases. Mortgage rates continue to attract home purchasers. GDP growth is on track to turn positive later this year. But there’s more work to do before the economy can sit back and relax. In his commentary this month, NAR Chief Economist Lawrence Yun looks at the latest developments, where challenges remain, and some potential concerns down the road.

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