But just because a suburb of Boston on one of the better commuter rail lines has recovered doesn't mean things are even okay everywhere, much less good. CalculatedRisk said the bust was over a while ago, but even the Wall Street Journal agrees now. h/t CR:
They manage to make it still sound really dire, which will make you feel better (maybe) if the housing market in your corner of the country still sucks.
Also, houses are being built again in our former town, Mayberry (not its real name).