Housing markets across the United States are showing signs of real stability. Prices, new construction, and sales are all improving from their recessionary lows. While this is good news for the economic recovery, the fallout from the housing crisis is still with us. Many communities carry scars from rampant foreclosures and vacant properties. Restoring the health of the housing sector is an effort that continues. This assessment is especially relevant in Ohio. Some of the state’s older industrial cities are struggling with housing troubles whose roots predate the recent crisis. These weak markets require policies tailored to fit their specific needs.
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