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Some homes still underwater despite rapid appreciation (access required)

Sustained, rapid home appreciation is weakening the near-term outlook for the U.S. housing market, according to Nationwide's latest Health of Housing Markets Report (HoHM Report). "The biggest concern with regard to the housing market in 2017, especially as the year ends, is that persistent price gains are reducing affordability," said David Berson, Nationwide senior vice president ...

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