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Homebuilders see stable housing market ahead

from The Associated Press via ABC News

The CEOs of some of the nation's biggest homebuilding companies said that they feel the housing market has stabilized. But they were careful not to be overly optimistic even with the spring home-selling season coming up. A year ago many housing experts forecast housing would begin recovering in 2011, only to see it play out as the worst year for new home sales on records going back a half-century. more

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