And housing slowdown expected to continue
Foreclosures for 2006 have already gone nearly 10 percent ahead of 2005, and that’s with a month still left in the year, Friday’s Morning News reported.
Meanwhile, some Realtors’ representatives are out writing fluff that there’s “nothing to see here” and soon D/FW housing will be booming. In Saturday’s News, top local real estate analyst (Remember: analyst, not paid to write puff pieces for Realtors) scoffs at the idea, and stands behind his October comments that the local real estate market has further corrections it needs to undergo first.
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