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As some experts warn about a new housing bubble, it's important to make buying decisions more rational.
Trulia economist Jed Kolko says national home prices are still undervalued relative to fundamentals and that we are far from a bubble.
With the U.S. government becoming the largest financier of home mortgages in the country, the sector now faces challenges it's never encountered before.
Home-buying activity recently hit its highest mark since April 2010, the National Association of Realtors says.
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