market turnaround: Who Knew Bad News Could Be So Good?
- 06/24/11 01:10 PM
If you read the financial papers, websites and blogs each week you may be tempted to grab a prosac and curl up in a fetal position. Some of the headlines this week read: Fed Chairman Points to Distress as Holding Housing Sector Back Industry's Past Due Mortgages = 6,350,000 Forecast: Real estate recovery won't arrive till 2013 or beyond Real estate sales stumble again in May The truth is, this is probably the most exciting real estate market in the past three decades. During the mid-2000s many average Americans were priced out of the housing market. Home prices shot up so (27 comments)