It Could Get Worse Before It Gets Better for Housing
Some Experts Cite Foreclosures, Bloated Inventory Among Factors That May Cause Slump to Deepen
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| The Mandarin Oriental, a luxury hotel with 50 condominium units, is expected to open in Boston’s Back Bay this summer, but not all news for the local residential real estate market is good. |
By Aglaia Pikounis
Those hoping for a housing market recovery in 2008 may be disappointed.
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