There’s a lot of things depending on stabilization in home prices, but don’t look for that to happen any time soon. Inventory that has gone off the market recently is liable to come back again- soon. [Thanks L!] Jan. 8 (Bloomberg) — As the U.S. housing recession enters its fourth year, there’s no sign of a recovery because speculators account for most of the rise in sales. While the purchases are trimming the inventory of unsold properties, most of those bought by speculators will likely return to the market when prices rise again, hampering any recovery, said Nobel laureate economist…
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