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Don’t expect a housing market recovery until 2014

Posted on 20 May 2011

Own a home? Brace yourself for an even longer recovery than anticipated. A new homeowners survey released jointly by Trulia.com and RealtyTrac suggests we won’t see a housing recovery until 2014 at the earliest now.
“I’d love to say we have taken a few steps forward, but the reality is we are backtracking,” says a somber Pete Flint, Chief executive of Trulia.com, a San Francisco, Calif.-based real estate listing site……………………………………….Full Article: Source


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