If past history is any guide, the new lunar year could be when the housing recovery gets under way.
The Year of the Dragon officially began January 23, 2012. Not only is this slice of the zodiac associated with prosperity, it’s also associated with rising home prices and, more often than not, increased home sales – at least the last three times it came around.
Just look at the statistics from state and national Realtor associations. Home prices were up considerably the last three Years of the Dragon – 1976, 1988 and 2000. And sales were up on a state and national basis in two of those three years.
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