by Rob Chrisman If someone "about scares you half to death" twice, what happens? What home builder economists lower their predictions twice, what happens? HomeBuilderForecast In a similar vein, Federal Reserve Vice Chairman Janet Yellen said the housing market will undergo a "long, drawn-out recovery" and the Fed is working with other agencies to prevent foreclosures and clear the stock of vacant properties. "Looking forward, I unfortunately can envision no quick or easy solutions for the problems still afflicting the housing market. Even once it … (0 comments)
NAHB Construction Outlook Downgraded; Feedback on REITs; Loan Modification Stats; Foreclosure Scrutiny Delays Ally IPO
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