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Foreclosure numbers are also declining, and inventory is declining as well. That means values will at a minimum, start to stabilize, and optimally, start gaining value again - HOPEFULLY at a rational pace now that we, presumably, have gotten over the "everyone deserves a home no matter how stinking awful their credit record is and how unlikely it is that they'll actually be able to pay for it" craze.WASHINGTON - The U.S. housing market has started to recover from the most far-reaching crisis since the Great Depression, data released Thursday shows. Sales of previously occupied homes rose for the third month in a row in June, the National Association of Realtors reported. That hasn't happened since early 2004, during the boom.