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Mortgage insurer PMI Group says home prices may fall in more than half of the country's largest...

Jul. 07, 2009 8:16 AM ETBy: Rachael Granby, SA News Editor1 Comment
Mortgage insurer PMI Group says home prices may fall in more than half of the country's largest cities through Q1 2011, as the market struggles with "a demand shock of high unemployment and a supply shock of distressed foreclosure sales."

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Comments (1)

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Poor Texan profile picture
How did this story get out? We're supposed to believe that all will be well by year-end. Or were we just supposed to hope? Is the harsh sun of reality scorching the green shoots?
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