Bloomberg
by: - May 18, 2011 10:00 AM PT
More than half of U.S. homeowners and renters say housing won’t recover until at least 2014, reflecting a deepening pessimism about the real estate market, according to a survey by Trulia Inc. and RealtyTrac Inc.
The survey, taken in April, found that 54 percent of respondents don’t expect a recovery for at least three years, up from 34 percent in November, the two real estate data companies said today. Those who see a turnaround by the end of next year fell to 15 percent from 27 percent.
Read the rest of the article at http://www.bloomberg.com/news/2011-05-18/housing-in-u-s-may-not-recover-until...
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