Crystal Webster
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Market Facts for Uncertain Times
September 3, 2010 | 
Author
- The economy is growing, slowly.
- The private sector is finally creating some jobs.
- Consumer confidence remains low, through clearly off the bottom
- The 30-year mortgage rate is at generational lows.
- The national median-home price is stabilizing.
- Other home-price measurements are also showing price stabilization.
- Home price-to-income ratios have returned to fundamentally justifiable levels.
- Economists expect price increases in upcoming years.
- Delinquencies are high but recent loan originations are performing well
- The long-term path of self reliance may be helped from long-term housing-wealth gains.
Adapted from September 2010 Realtor.org article
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