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Blog Archives: January 2013

The Rilliet Report January 2013

January 15, 2013
Sheldon Rilliet
Looking back on 2012, the real estate market showed significant positive changes. Real estate home listing service, Zillow, reports that housing values rose 6% last year, posting the first gain in six years, and home values increased more than $1.3 trillion to $23.7 trillion. Zillow predicts continued growth in 2013. Compare this to 2008, when homes lost more than $3.2 trillion in value, and you can see why there’s reason to be optimistic about the New Year. Limited inventory has helped push up prices. Inventories in November of 2 ...

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