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Real Estate and Housing Still Weak: Analyst

WASHINGTON (TheStreet) -- Better-than-expected real estate data offered welcome news about the economy this month, but the housing market continues to bounce along the bottom, said Kevin Brungardt, CEO of RoundPoint Financial, a mortgage origination and servicing firm. TheStreet spoke with Brungardt after data released in recent days showed that pending home sales rose 2% in December, new-home ...

 

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