Hard-hit states key to housing rebound

Expert: 'Collateral damage is amazing'

WASHINGTON — Prominent real estate and policy experts sounded unanimous yet guarded optimism during a session this week at the National Association of Realtors annual midyear conference.

The states now in deepest trouble — notably Florida, Nevada and California, which led the collapse — may yet lead the nation’s housing market back to prosperity, according to some members of the 16-member panel that was featured during a Real Estate Summit on Tuesday here at the Marriott Wardman Park Hotel.