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Home cooking: Signs that the housing market may be at the bottom

Posted on 15 November 2011

Protecting the value of your home has been like trying to hold water in a sieve over the past five years. It is no secret that the housing slump has had a significant negative impact on the economy, given its historical contribution to GDP.
In fact, according to the National Association of Home Builders, housing (both residential investment and housing services) contributes roughly seventeen percent on average to U.S. GDP. Most people think housing prices are going to continue to deteriorate………………………………………Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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