| Respondents to an online poll have given the U.S. government a no confidence vote when it comes to helping the real estate market. An over-whelming majority of 83% say the government will not take major steps to help the housing market.
The sweeping decision comes five years and more than 7 million foreclosures after the housing market collapse. Housing values in the majority of the country have suffered major losses, which few observers feel will ever be attained again in their life times. Home prices have fallen in all 230 U.S. cities Housing Predictor tracks, some by as much as 80% from the markets peak highs. (Press Release)
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