Residential Housing Ready to Awaken
“After half a decade of withering sales and slumping prices, there are strong and diverse signs that the single-family housing market is poised for a rebound. In some metropolitan areas, the market has bottomed, with both sales and prices on the rise and foreclosures on the decline. This contrarian — and largely overlooked — thesis flies in the face of the persistent gloom that has nagged the industry since 2007,…