10 Housing Markets: Outlook Worsens

BusinessWeek
If you thought that the worst is already over in the housing market, don't hold your breath. Futures traders are betting that there's much, much worse ahead. By next November, these traders are betting that the blood bath will continue and home prices will fall as much as 25 percent in San Francisco and 23.8 percent in Miami. The only city holding its own is Chicago, where the news isn't that great either, but is contained in a single digit 5.6 percent decline. Full BusinessWeek Article

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