Thursday, April 5, 2012

Homebuilder Sector Up 28%

Home investors bought 1.23 million homes in 2011, a 65 percent jump from 2010. 50 percent of those purchases were either foreclosures or short sales. Lawrence Yun, National Association of Realtors chief economist; Gary Beasley, Wayport Real Estate Group managing director; and CNBC's Courtney Reagan offer insight.

Homebuilder Sector Up 28%

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