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Why a Wounded Housing Market Refuses to Heal. President Obama crowed in his State of the Union speech about the economy, even mentioning "a rebounding housing market."
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Real estate economics is the application of economic techniques to real estate markets.It tries to describe, explain, and predict patterns of prices, supply, and demand.The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research of real estate trends focuses on the business and structural changes affecting the industry.
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Is the housing market coincidentally out of balance, or is it still healing? I’m interested in your thoughts, so please share them via the comment section below here.