Real Estate
May 17, 2013
Analyst says take advantage of dismal housing reports
In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take...
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They Said It
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56% of homebuyers are able to afford a median-priced, existing single-family home in the state, the California Association of Realtors said. That is up from a home affordability rate of 55% in the fourth-quarter of last year and 53% in the first quarter of 2011.
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