Fed Chair Jerome Powell has made it apparent: We are not looking at the U.S. housing current market normalize, we’re observing it “reset” via a “difficult correction.” “For the lengthier term what we need is provide and desire to get greater aligned so that housing rates go up at a sensible amount and at a reasonable tempo and that folks can find the money for houses once more. We almost certainly in the housing sector have to go by a correction to get again to that place,” Powell instructed reporters past 7 days. Effectively, the existing housing correction is pushing the U.S. housing market—which experienced soared based on a traditionally…