Boston Real Estate for Sale

Maybe. But if you read the article closely, the third “dip” may be the last gasp of the housing crisis — which would be good news.

Basically, the argument says a bunch of pent-up foreclosures are on the way. It’s the long-feared “shadow inventory” that built up while the banks cleaned up their foreclosure-processing act. We kind of knew about this. It’s been discussed countless times before. Now it appears it’s going to happen.

So the question is: What happens after the ‘third dip’? True recovery? Let’s hope.

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