Reason to Hope

Fogarty, Mark
October 2008
National Mortgage News;10/20/2008, Vol. 33 Issue 5, p1
Trade Publication
The author reflects on the crisis involving the housing market in the U.S. He is confident that the housing will be the first sector to recover from the crisis. He predicts that once the home prices stabilize, qualified borrowers will get back in to the new and existing home sale markets with renewed interest. He also observes that the crisis failed to affect Americans' regard for homeownership. He further explains that the housing sector has always been a cyclical business.


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