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Byline: Carol Hazard
Dec. 31--The cooling housing market has been chillier than some real estate experts expected. But not so cold in the Richmond area.
What's more, it hasn't slumped nearly as much here -- or nationwide -- as it did in the 1990 recession. That said, the prospects for housing in the new year are not so bad -- and not so good. "After hitting record highs in 2004 and 2005, single-family housing starts in the nation fell about 11 percent in 2006," said economist Christine Chmura, president of Chmura Economics & Analytics in Richmond. "We expect them to fall another 6 percent in 2007 before starting to grow in 2008. In 2008, we expect growth to remain …