Market to rebound by the end of summer?

That's great news if it turns out to be true. The latest industy tarot card reader had this to say recently to AJC.com:

The price spread between existing homes and new homes has reached $122,000, and “that’s the greatest it’s ever been,” Palm said. “I think we’re at a bottom now.”

He said a housing market turnaround should begin in June or July, led by existing homes because prices have plummeted. The new-home recovery will follow, he said.

You can read the rest of the article here.

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