Prices are rising in 41 states, construction is booming and homebuilder stocks are on the rise. It's time to call the recovery.Another week, another round of favorable housing news. So let’s stop dithering and call this race.
Housing has won. The real estate bears have lost.
Of course, whether you’re a skeptic who hates this Federal Reserve-driven recovery or simply one of those cautious types who don’t like to act hastily, it’s easy to scoff at this notion. After all, there’s no universal indicator indicating “recovery” -- and no balloons that drop if and when we pass the threshold.
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