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recovery: Housing Recovery on the Way? 3/08 - 04/10/08 03:59 PM
STUDY SAYS: MILD HOUSING RECOVERY ON THE WAYIt looks like the housing market may have hit bottom, setting the stage for a mild housing recovery to begin prior to year-end 2008, according to a new study by SMR Research Corp. The market's recovery is likely to be gradual, with house prices merely firming up or increasing slightly, rather than returning to the strong growth seen from 2002 to mid-2006, the firm said.
An SMR study was among the first to declare (in 2002) that a housing price bubble existed, defined as prices rising faster than consumer incomes. In a 2004 study, … (0 comments)

 
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Josh McLean

Santa Rosa Beach, FL

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