Ready to Buy, Sell: Previously underwater homeowners are ready to buy again! As home equity levels improve, the move-up buyer is back on the market. More move-up buyers are selling their current properties to replace them with pricier homes, according to the latest report from FNC, a real estate data firm.
The move-up buyers are coming with larger down payments on new homes as recent improvements in home equity levels have allowed them to move. 'An important sign of a healthy and sustainable recovery is increased housing turnover driven by trade-up buying. Read more...
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