Despite the prospect of rising interest rates, years of oversupply and falling prices, the real estate market has sprung to life in most of the country over the last year. Even in some of the areas that were hardest hit during the financial crisis - such as metro Las Vegas and parts of Southern California - home prices have rebounded to near pre-2008 levels, while housing starts are beginning to ramp up again.
Despite the prospect of rising interest rates, years of oversupply and falling prices, the real estate market has sprung to life in most of the country over the last year. Even in some of the areas that were hardest hit during the financial crisis - such as metro Las Vegas and parts of Southern California - home prices have rebounded to near pre-2008 levels, while housing starts are beginning to ramp up again.
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