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Report: Housing recovery will be “bumpy” (access required)

Fasten your seatbelts. The housing recovery will take longer and be bumpier than originally anticipated, a new report released by Wells Fargo's economic group finds. The Housing Chartbook for May 2014 said harsh winter weather wasn't the only culprit in sliding home sales and mortgage applications. Some markets are "wildly out of balance," the bank's economists said, ...

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