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| Sponsored by Century 21 |
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| Home Sale Factors Changing |
| Homes are selling faster and more are selling for cash since the housing downturn. |
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| 2013: Transition to "Normal"? |
| By Pete Bakel |
The trend of gradual but below-potential economic growth seen in 2012 is expected to carry over through 2013 and into 2014. This modest growth path combined with the real GDP growth rate during the recovery from 2009 to this point of 2.2 percent annualized give credence to claims that the recovery’s slow pace has become the “new normal,” according to Fannie Mae’s Economic & Strategic Research Group. The fiscal cliff and ongoing debt ceiling debate, which are likely to suppress consumer spending in the first half of 2013, continue to present potentially strong headwinds to meaningful growth activity. ...
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