29.12.2008 - 2009 real estate forecast: troubles spread
From Dailynews.muzi.com: 2008 was the year that subprimes borrowers and speculators got hurt by the real estate crisis. 2009 could be when everyone else gets hit. Until now, the nation's most serious home price declines have been in low-cost markets that were dominated by subprime mortgages, and in overbuilt markets such as Florida, California, and Las Vegas, where residential values are sliding fast toward pre-housing boom levels..... Full Article: Source
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