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Positive Factors Lining Up Behind Housing

By Jim Cramer

About this article:
Join Jim Cramer, Doug Kass, Helene Meisler and other RealMoney pros at TheStreet.com Investment Conference on "Best Ideas to Make Real Money." Save the date: Saturday, May 2! More details here. How much can housing gain from the changes that both administrations have made in the last six months? And I am not just talking about the housing-starts number today, which I didn't regard as all that pertinent, because it involved chiefly apartments. I think housing can gain by a substantial amount, not enough to turn it now, but enough to see a bottom in the second half of the year, in keeping with my longstanding predictions. Let's go over the positives, many of which are provided by the best single source on mortgage information, Manhattan Mortgage. First, Fannie and Freddie are on the team, as witnessed by the new $729,650 conforming limit, which will jump-start...

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