Friday, September 08, 2006

National Association of Realtors Predicts Real Estate Crash

In a recent article in BusinessWeek.com (link below), it was reported that the National Association of Realtors is predicting a drop in housing prices on a year by year basis for the first time ever. Of course, many homebuilders are predicting lower earnings.
http://www.businessweek.com/
investor/content/sep2006/
pi20060907_654501.htm?chan
=top+news_top+news+index_top
+story

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