Why a Wounded Housing Market Refuses to Heal – Daily Reckoning

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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.

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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."

Why The Housing Market Recovery Needs Time Posted by Joe Manausa on Monday, May 16, 2011 at 12:07:44 PM By Joe Manausa / May 16, 2011 Comment The housing market recovery is not going to occur in the next few years, it is going to take longer before we see the kind of balance that we have come to expect as both property owners and as tenants.