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U.S. ‘may be seeing bottoming’ of home prices, Lockhart says

Posted on 30 June 2009

From Bloomberg: Fannie Mae and Freddie Mac’s federal regulator said home prices may be “bottoming” in the U.S. as government efforts to bolster the market gain traction.

“We’re in a process where we may be seeing some bottoming,” James Lockhart, director of the Federal Housing Finance Agency, said in an interview on CNBC……..Full Article: Source


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