Even though many articles have emphasized the recovery of the US housing market, the reality is a blow to many of the home owners. There are only a few people who have a pessimistic attitude regarding the current market conditions and the economists confirm with these individuals’ views. They highlight the myths among the optimistic people and explain the facts. Stan Humphries, the chief economist of Zillow.com gives the following explanation. This may come as good news however, as another bust leads to lower prices of things like Charlotte NC investment property. Read more…
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