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Loan Modification

: Loan Modification & Home Loan News

Moody?s Says Odds for Double Dip Increasing, Home Prices Could Fall 20%

By Moe Bedard

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If the U.S. enters a double-dip recession, home prices could fall by another 20% before they stabilize in early 2012, according to a new forecast by Moody?s Analytics. That compares to the baseline forecast that calls for another 5% decline with prices hitting bottom early next year. Housing economist Celia Chen writes that the odds [...]

Full post as published by Loan Modification & Home Loan News on August 12, 2010 (boomark / email).

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