| From Examiner.com: There are strong new reports that the global real estate market is hitting the bottom and some impressive positive news is coming from real estate markets around the world. In the U.S., the real estate market has yet to hit the bottom, but at least it is very close. There are 2 factors that would determine recovering the real estate market:
One is when job losses stop and new jobs are created and secondly when the real estate prices are realistic reflections of what people can afford to buy..............Full Article: Source
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