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Real Estate Reads – 7/15/13

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Some news concerning the world of real estate:

The trouble in dealing with short sales and foreclosures
How Realtors help guide buyers and sellers successfully through the process.
Former NBA owner sells Nevada estate
Gavin Maloof lists 13,000-plus square foot home
Affordability becomes an issue with rising mortgage rates
As mortgage rates begin to tick upward, housing affordability will decrease, which in turn could cause a pause in the recovery’s progression.
Boomerang buyers invade Phoenix housing market
Buyers who were out of the market have now come back as a major market force.
Memphis market enjoys strong quarter
Up 11 percent from previous year levels.
Seattle market is on the mend
After a slow year, housing market continues to improve.



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