May, 2010
Study Warns of Decline in Value of US Homes
WASHINGTON — The property value of U.S. homes will fall by $1.2 trillion, and “at least” 1.4 million homeowners will lose their properties to foreclosure in 2008, according to a study released Tuesday by the U.S. Conference of Mayors and the Council for the New American City. The study, prepared by forecasting firm Global Insight [...]
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