Depending on what your plans are, this article from Barron's offers some useful insights into what the real estate market may be doing. A couple highlights:
1. Sales of existing homes are showing tentative signs of increasing, while the plunge in prices likely is nearing an end.
2. There are signs that the pressure on home prices from foreclosures may wane in the months ahead.
Although the media will tend to simplify such a complicated issue and overly emphasize any negatives, a wise consumer consider a wide variety of sources in making decisions. Read the whole thing.
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