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The New York Times | Economy: After Years of False Hopes, Signs of a Turn in Housing

By Binyamin Appelbaum. Announcements of a housing recovery have become a wrongheaded rite of summer, but after several years of false hopes, evidence is accumulating that the optimists may finally be right.

June 27, 2012

Government efforts to help homeowners have intensified, allowing more borrowers to refinance or avoid foreclosure.

"All bets are off if anything happens to the economy, but apart from that, I think the fundamentals look better than they've looked in 17 or 18 years," said Richard K. Green, a professor of real estate at the University of Southern California.

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Link: The New York Times | Economy