A Firm Footing At Last

After its rapid, fiery descent in the late 1980s and early 1990s, the real estate business almost seemed ready to close down for good. Fortunately, though, the industry is displaying strong signs of life. No one expects a dramatic takeoff, but for the first time in years, many real estate markets are stabilizing or even enjoying a recovery. The housing market is positively healthy, with falling interest rates fueling a climb in housing starts, sales, and even pricing in some areas.

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