Wednesday, September 19, 2007
oh dear…what next…
Double-digit home price drops coming
Many of the worst hit cities are in Sun Belt areas that experienced outsized home-price growth during the real estate bubble, according to Arnold Slesers, an associate economist at Moody's. The home price correction in many of these cities will be severe as unsold new homes and leaps in foreclosures add to already big inventories. what is different in the UK? Yes thats right a BIGGER BUBBLE
Posted by mark @ 05:29 PM (1703 views)
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