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Wednesday, December 15, 2010

Home Prices in the US Forecast to Decline Further by 10%

Analysts note that while a possible and further drop in home prices may hurt the industry as a whole, it could be most welcomed on the part of homebuyers. Foreclosed homes are more likely to further attract attention. That is because such foreclosed properties are typically lower priced when out up for sale in the market. It is the reason why numerous investors and homebuyers now prefer to purchase such homes than the conventional newly built ones.

Read more: http://business.ezinemark.com/home-prices-in-the-us-forecast-to-decline-further-by-10-170aee49b41.html#ixzz18DFma35y


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