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Housing: Best recovery bets

Post Time:Nov 11,2009Classify:Industry NewsView:124

The San Francisco metro area has seen its home values drop by a quarter, and the city still has some pain to work through. The city's median home price is expected fall another 8.3 percentby June 2010.

After that, however, the market there may come roaring back: Fiserv predicts a 14.3 percentgain between June 2010 and June 2011. Averaged out, that means a 4.8 percentgain over the next two years, according to an Oct. 21 CNNMoney.com report.

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Source: http://www.glassmagazine.com/news-item/commercial/housing-best-recovery-betsAuthor:

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