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What's ahead

Buyers and sellers will fare better in 2009 if they know what to look for

If it's true that income is a key driver of housing prices, then the sharp rise in unemployment will keep housing prices low and primary home foreclosures on the rise, all pointing toward a tough beginning for real estate in 2009.

Although rates have fallen to historic lows, the drop doesn't seem to be translating into more home sales. According to the Mortgage Bankers Association, nearly...

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