Amanda | Aug 13, 2009 |
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This CNN article is not good news for those of us in the real estate industry. In it Karen Weaver from Deutsche Bank estimates that home prices in the US will fall another 14% causing 48% of homeowners to be upside down on their mortgage. What?? I thought we were bottoming out? Anyone have any comments on this?
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Filed Under: Industry News • Market Reports • Mortgage News
Tags: market report, Mortgage News, real estate news
About the Author
Amanda is the Co-Founder and CEO of Properties Online, Inc, a website technology company created to help agents and brokers grow their business. Along with her husband Greg, Amanda co-owns a real estate brokerage located in Northern California with 9 offices and over 250 agents. Amanda holds a BA in Film and Electronic Arts from California State University Long Beach, and has worked in the film, internet and print industries for over 23 years designing marketing materials for Dick Clark Productions, John Travolta Productions, Warner Bros., Disney, Bob Hope and more.
