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Is there really a housing recovery?

…Jonathan Miler, CEO of the real estate appraisal firm Miller Samuel, is another skeptic. “Incomes are flat, credit is tight and unemployment and underemployment are unacceptably high,” Miller told Yahoo Finance. He says the perception of housing recovery is “based on nothing” and there will not be true recovery until the unemployment rate goes below 7%.

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Housing Notes by Jonathan Miller

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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