Key proposals to revive real estate

My mailbox has been filled with letters from readers who wonder if the real estate market will reset itself now that the presidential election is over.

"Can we expect the next four years to bring us a better real estate market? Will my house go back up in value," one reader wrote.

Eventually, the real estate market will hit bottom and turn around. Perhaps it has already hit bottom (one can only hope), and now we are waiting for the "bumpy bottom," as Alex Perriello, president and CEO of the Realogy Franchise Group, put it at the launch of its newest franchise, Better Homes & Garden Real Estate.

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