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Real Estate Briefing - Categorized | Americas, Emerging Trends, Research, Residential property Watch more

US: Home prices expected to slide another 8pct

Posted on 02 November 2010

From CNNMoney.com: The robo-signing controversy is just another issue that the already sluggish housing market didn’t need — but most analysts do not think it will have far-reaching impact. Nevertheless, the housing market still faces many problems: a weak economy, sluggish hiring, tight mortgage underwriting, falling home prices, and slowing sales.
Then there’s the potentially disastrous number of foreclosures that may occur over the coming years. “The market faces much bigger problems than the robo-signing issue,” said Mike Larson, a housing market analyst for Weiss Research…………………………………….Full Article: Source


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