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2015 HOME SALES EXPECTED TO BE STRONG

Fannie Mae’s Chief Economist Doug Duncan said in a recent report, “We continue to expect the economy to drag housing upward as we move into the second quarter. The economy is getting a boost from the strong employment numbers we’ve seen last year and at the start of 2015. When this employment growth partners with income growth and consumers experience a rise in their personal household income, we should see a similar boost in the housing sector,” Overall, we expect an improving 2015 with continued economic growth bringing housing above 2014 levels.”

– Jon

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