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What’s the Latest on the Housing Recovery?

Ever heard the phrase “damned with faint praise”? That’s what continually came to mind about the state of the housing recovery as journalists and industry representatives came together here for the annual conference of the National Association of Real Estate Editors.

It was one big “yes, but” discussion. Short version: The consensus was that the market has stabilized (and, in places like Houston, is going like gangbusters).

The longer version swirls around a number of concerns: Worry about young adults who just can’t seem to get interested in homeownership. Rising interest rates that will discourage many people from wanting to sell. And as much as homebuilding would like to recover, builders are having trouble getting their hands on the right kind of dirt.

To read the rest of the story, click here.

About Liz Lichtenberger

Liz is the special projects editor for Hardware Retailing magazine. She reports on news and trends, visits retailers, and attends industry events. She graduated from Xavier University, where she earned a degree in English and Spanish and was a member of the swim team. Liz is a Louisville, Kentucky, native who lives in Indianapolis with her husband and two children. She enjoys swimming, reading, doing home improvement projects around her house and cheering on her two favorite basketball teams, the Kentucky Wildcats and the Xavier Musketeers.

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