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For a Few Million Less

How do we know that the housing recovery that began in 2012 is complete? According to an analysis by CoreLogic, while home prices and delinquencies have both returned to their pre-crisis levels, home sales have shown signs of lagging. In this video, Molly Boesel, Principal Economist, Office of the Chief Economist at CoreLogic explains why one needs to look at the whole picture rather than just home sales to understand if we might be seeing the start of a new normal, where it is expected that home sales would be around a million fewer than what they were in 2000.

About Author: Radhika Ojha

Radhika Ojha, Online Editor at the Five Star Institute, is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her master’s degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Dallas, Texas. You can contact her at Radhika.Ojha@theMReport.com.
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