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Real Estate & Property Law
: Housing WireBottom in Sight? Yes, Says One Economist
By PAUL JACKSON
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U.S. house prices overall will hit bottom by year’s end, after suffering a 36 percent drop from their 2006 peak values, a study co-authored by Moody’s Economy.com chief economist Mark Zandi said Monday morning.
“Notwithstanding the intensifying economic gloom, the bottom of the housing downturn is within sight for the nation,” said Mark Zandi, chief [...]Full post as published by Housing Wire on February 09, 2009 (boomark / email).
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