"Like spring flowers, the 'For Sale' signs are sprouting in front yards all over the country. But anxious sellers are facing the most brutal environment in decades, with a slumping economy, falling home prices and rising mortgage foreclosures.
And even the faint promise of better days ahead might not come true, given all the headwinds the housing industry is facing at the moment.
'This is going to be another difficult spring,' said Mark Zandi, chief economist at Moody's Economy.com. 'I think we are at the beginning of the end of the housing downturn, but it is going to be a long and painful end.'"
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Lots of 'For Sale' signs but actual sales lagging
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