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| Sponsored by RE/MAX |
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| Tight Credit Changing Buyers |
| As home lending standards have tightened, millions of younger, single potential home buyers have left the market. |
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| Housing Continues to Gain Ground |
| By Pete Bakel |
Although the economy seems to be transitioning to a slightly stronger growth path, unresolved fiscal policy decisions pose significant headwinds in early 2013, according to Fannie Mae's Economic & Strategic Research Group. Increased taxes and reduced government spending will keep growth at a subdued pace in the first half of the year before activity picks up in the second half. Net exports also are expected to create a drag as Europe remains in recession and U.S. export growth tries to bounce back from a slowdown in late 2012. On the more positive side, the improving performance of the housing market is expected to continue through 2013. ...
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