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Ex-Doomsayer: ‘It’s a great time to buy a home’

A former housing market skeptic has become a housing market booster, telling a gathering of real estate insiders Thursday that now is “a great time to buy a home.”

Chris Thornberg, a former UCLA economist and a founding principal of Beacon Economics, once derided the National Association of Realtors and other housing industry bulls for saying that same thing back when the economy was overheated.

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