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It’s probably time to kiss that housing market rebound good-bye

Andrea Riquier
It’s probably time to kiss that housing market rebound good-bye

If there are five stages of grieving over human death and dying, as suggested by the psychiatrist Elisabeth Kubler-Ross in 1969, the same may also be true for our economic stages. Last summer, when MarketWatch was the first publication to call the top in the cycle, there was likely depression in some quarters. It is possible that when the National Association of Realtors reports May sales of previously-owned homes this Friday, things will have turned around.