Analyst predicts housing rebound 

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Expect higher mortgage rates, relatively flat home prices and a rebound in home sales next year, Lawrence Yun, chief economist for the National Association of Realtors, told an audience of metro Denver real-estate professionals Wednesday.  Yun expects home sales to return to more “normal” levels seen before the housing bubble even without federal homebuyer tax credits, which ended in April.  “I think we are entering a virtuous cycle,” Yun said.  Read full article:

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