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Expert optimistic about housing market

The nation could see a much needed housing recovery sometime in 2010, but unemployment and foreclosure rates will likely worsen between now and then as the economy struggles to get on track, according to experts at a housing conference Thursday at University of Wisconsin-Madison.

“Just try to hang on for another year,” keynote speaker Richard Green told an audience of about 100 bankers, developers, real estate agents and other housing professionals gathered at the Fluno Center.