Eugenio Aleman, senior economist at Wells Fargo Bank said at the annual economic outlook sponsored by the Northern Nevada development authority, Carson Valley chamber of commerce and business council of Douglas County. People are still moving to Nevada he said, and that will continue to feed potential home buyers into the Reno and Las Vegas regions. That should support a strong recovery in the housing market Aleman told his audience of about 130 people, adding that while Reno could recover by the end of 2008, California will take longer.
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David Hughes
