We are gaining ground slowly. The upcoming financial reform legislation will play a BIG role in how quickly or slowly we do recover. The implementation will be tricky.
Dan Greenhaus, chief economic strategist at Miller Tabak & Co., says the only way to fix the imbalances in the housing market is to allow time to pass. He believes the market will begin to recover by the middle of next year.
Click here to see his intereview on Fox News:
http://michaelpond.wordpress.com/2010/07/30/housing-recovery-to-begin-mid-2011/
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