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03/29/09
Expert: Housing nearing low
Filed under: General, Real Estate
Posted by: Lillian Wong @ 11:07 am

The Valley housing market may be nearing its bottom, analyst RL Brown believes. In what he termed “a doomsday scenario,” Brown said it’s possible a second tsunami similar to the housing meltdown that started in 2006 could devastate the market in the next few years, bringing even more serious troubles than the current downturn. But that won’t happen if the federal government continues along the path it’s undertaken, he said.  more…


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