US housing data shows signs of market shift

A combination of findings detailed in recent housing market reports in major metropolitan markets, as well as nationally, has some analysts predicting more favorable conditions for buyers in the coming months. Jeff Lazerson, president of MortgageGrader.com and author of a syndicated column on housing finance, wrote that a series of signals have emerged in recent reports on mortgage defaults, loan applications and other macroeconomic indicators that point to a shift in the residential market nationally.

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Source: Chicago Agent Magazine