July 19, 2012
However, Gary Painter, an associate professor at the USC Lusk Center for Real Estate, remained confident that the poor performance was simply a glitch.
"Slowly we're moving in the right direction," he said on a call with Builder today. "We'll slowly see more homes coming on the market. In some parts of the country we're already seeing that, but when you look overall, it's always a mixed picture."
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