Yesterday, we ran a post quoting major housing experts on the increasing strength of the U.S. housing market. We were pleasantly surprised that, on the same day, the Wall Street Journal decided to run a front page story titled, “Housing Recovery Picks Up Steam” (article available to WSJ subscribers). The first paragraph of the article says it best: “Home prices are back to near-record highs across the U.S. amid rising demand and supply constraints, a sign that thelopsided housing-market recovery of the past five years is gaining some strength.” (emphasis…
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