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Homebuyer sentiment reverses course amid mixed signals

from By Michael J. Berens

Homeowners looking to sell are enthusiastic about the continued rise in housing prices. Prospective homebuyers not so much. Even with mortgage rates remaining near rock bottom, those who would like to purchase a home are feeling the pressure of having to strain too much financially to meet market demands. The past two months have seen a gradual decline in buyer interest that could linger throughout the remainder of the year. more

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