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October 2007
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Archive for October 13th, 2007

Weakest U.S. Housing Markets

How much longer can real estate in already depressed areas decline in value?
At least another year.
In fact, it’s reasonable to expect 8 percent to 9 percent median home-sale price decreases through 2008 in Detroit, Riverside, Calif., and Las Vegas, currently the three least stable real estate markets in the country, according to data compiled by [...]

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