By Scott Kauffman
By most accounts, America’s housing markets are finally beginning to show clear signs of stability. Heck, Warren Buffett himself, one of the most admired and respected investors of our time, said the other day he would buy thousands of homes right now because of the industry’s bullish upside.
For hundreds of thousands of homeowners, however, this real estate recovery is still not soon enough as they continue to drown in negative homeowner equity with no life line in sight.
Looking on the bright side, though, the sun is starting to shine on America’s homeowners. Yes, the real estate recession is finally over.
Interestingly, it’s a recovery that was expected more than two years ago, according to many optimistic realtors featured in the following video story I filed at the 2008 National Association of Realtors Convention in Orlando.