Expensive homes miss the recovery

In recent weeks, mortgage brokers, bankers, and even Fed Chairman Ben Bernanke have been talking about a housing rebound later this year. And the figures seem to back up their optimism: New home sales rose 11% in June for the third consecutive month.

(from CNN) In recent weeks, mortgage brokers, bankers, and even Fed Chairman Ben Bernanke have been talking about a housing rebound later this year. And the figures seem to back up their optimism: New home sales rose 11% in June for the third consecutive month. Read More

By Amanda CorneliusAmanda Cornelius on FacebookAmanda Cornelius on Google+Amanda Cornelius on Twitter Visit author's website

Amanda is the Co-Founder and CEO of Properties Online, Inc, a website technology company created to help agents and brokers grow their business. Along with her husband Greg, Amanda co-owns a real estate brokerage located in Northern California with 9 offices and over 250 agents. Amanda holds a BA in Film and Electronic Arts from California State University Long Beach, and has worked in the film, internet and print industries for over 25 years designing marketing materials for Dick Clark Productions, John Travolta Productions, Warner Bros., Disney, Bob Hope and more.

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