Released: July 03, 2012
Housing recovery hindered by negative equity
Source: Julie Schmit and Tim Mullaney, USA TODAY
Rather than a housing market defined by weak demand and falling prices, the market is now being hampered by a restricted supply of homes for sale as demand improves. That's leading to multiple offers in dozens of markets, rising prices in some and a more volatile housing recovery than many expected.Read Full Article: Housing recovery hindered by negative equity