ARIZONA DAILY STAR: Thurs., March 25, 2009

Guest Opinion: Housing market set to rebound, could soon start boosting economy

By Michael Bond

The unprecedented decline in the housing market appears to be entering its final phase. There is growing evidence that the dramatic imbalance in supply and demand for homes is correcting itself and will be a net contributor to economic growth by the end of 2009. There is more pain ahead, but the light at the end of the tunnel is becoming brighter. The bottom for housing will likely coincide with a bottom for the entire economy this year.

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