Thursday, June 10, 2010


Well this is a big bummer:

the-housing-market-recession-is-not-over: Personal Finance News from Yahoo! Finance: "Why you shouldn't be overly optimistic about real estate right now

After years of hearing how home prices are plummeting and foreclosures are mounting, consumers want to feel hopeful about the housing market — but maybe they're being too optimistic.

In a presentation to the National Association of Real Estate Editors in Austin, Texas, last week, Stan Humphries,'s chief economist, pointed to four myths he said consumers are latching on to as they try to make sense of recent housing statistics.

The four myths:

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