State recovery will be slow, analyst says

Housing prices aren't likely to fall much further, but mortgage interest rates are about to start rising, according to well-known Florida economist Hank Fishkind. Interest rates, which are still in the 4 percent range, could be 8 percent or higher by early 2012, Fishkind said Wednesday during a meeting of the Bay Area Real Estate Council. The area is out of the recession, although the recovery will be slow.

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