Headlines abound: The Housing Bust is over… In June, a survey of economists concluded that housing has hit bottom. Realtors®, homeowners and renters, Americans, and citizens of the world all are sighing with collective relief. The economy and housing values both have cycles. It has been more than eighty years since the difference between the top and the bottom was so great.  So we are cautiously engaging the new reality, but first we need to pause. If we do not learn from history, we are bound to repeat it. We do not want to repeat the last ten years. So what are the lessons we should learn?
Read full story at: http://voicesofrealestate.blogs.realtor.org/2012/07/18/10-lessons-to-learn-as-the-housing-market-recovers/?om_rid=AAB0GY&om_mid=_BQEerkB8r8btu7&om_ntype=NARWeekly