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Housing Bubble Recovery: Will The Next 12 Months Show Signs of Life?

WASHINGTON, D.C. - February 25, 2013 - (RealEstateRama) -- There seems to be a sliver of hope for the real estate market in the U.S. According to the National Association of Realtors, median sales price in January for previously-owned homes has risen 12.3 percent annually. This is the strongest gain in over seven years and the 11th consecutive month of annual increases. Primary reasons for this gain in price are thought to be a low inventory and an inflow of investors with enough money to heat up the bidding markets. There has also been an increase in the number of traditional sales rather than foreclosures and short sales.

Business Real Estate Press Releases

Monaghan Communications

New 144-Unit Apartment Community in Downtown Danville Under Construction

Trammell Crow Residential (TCR), the multifamily real estate development, along with Town of Danville Mayor Robert Storer, City Councilmembers and other local leaders, recently celebrated a construction milestone on the first new residential rental community in Danville, the Alexan Downtown Danville, which will offer 144 luxury apartment homes located within walking distance of Danville's Historic Downtown District.

Recent Gov & Nonprofit Real Estate Press Releases

Monaghan Communications

New 144-Unit Apartment Community in Downtown Danville Under Construction

Trammell Crow Residential (TCR), the multifamily real estate development, along with Town of Danville Mayor Robert Storer, City Councilmembers and other local leaders, recently celebrated a construction milestone on the first new residential rental community in Danville, the Alexan Downtown Danville, which will offer 144 luxury apartment homes located within walking distance of Danville's Historic Downtown District.