Relevant:
- Americans More Confident in Housing Recovery
- Vancouver Home Sales Drop, Prices Continue to Climb
- Survey Says Foreclosure Mess Prompts Homebuyers to Avoid REOs and Distressed Properties
- Home Prices Drop in Three-Fourths of U.S. Metro Areas as Foreclosures Rise
- Foreclosures reducing spending in other spheres
2012-01-20 — bloomberg.com
"Historically low mortgage rates and a pickup in employment may be giving Americans the confidence to purchase homes that have fallen in value. At the same time, another wave of foreclosures may inhibit a faster recovery in real estate as more distressed properties are put on the market."
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