3/12/2005

Real Estate Fuels Net Worth

The Federal Reserve reported on Thursday that household net worth jumped $2 trillion in the fourth quarter, to $59.2 trillion. Higher values in real estate, stocks and mutual funds fueled the last quarter rise in net worth. American homes were worth a net $8.7 trillion, up 13 percent from a year ago. Click here for the C.A.R article.

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