"Bernanke says home price stabilization necessary to woo buyers."
In my humble opinion the problem is with the lending "establishment". They are stingy with loans and very slow in their approving of short sales.
And they created this fiasco in the first place.
In over 30 years in Real Estate I have never seen anything like this. Additionally there is just too much inventory to stabilize anything.
Come on lenders; get real already!!
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