Monday, December 18, 2006

Forbes - "Real Estate Expected to Flounder in 2007" (12-14-06)

"The newest forecast by Moody's (nyse: MCO - news - people ) Economy.com, a private research firm, projected that the median sales price for an existing home will decline in 2007 by 3.6 percent - the first decline for an entire year in U.S. home prices since the Great Depression of the 1930s."

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