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March 03, 2008
Price Depression
A forecast for more housing price depression.
My theory is that housing prices will continue to wilt as long as large levels of foreclosures and new home inventories run high. These are not traditional homeowners, and are motivated to slash prices, thus continuing to depress prices.
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Posted on March 3, 2008 06:37 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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