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US real estate hits the bottom

in: General

US home price dropped 20% in 2008!

Most of the nation appears to remain on a downward path. However, the National Association of Realtors said sales of previously occupied homes unexpectedly jumped in February by the largest amount in nearly six years as first-time buyers took advantage of deep discounts on foreclosures and other distressed properties.

US home price dropped 20% in 2008! We have hit a bottom, but is it THE bottom?

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