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Volume 2009 - Number 14

July 2, 2009

Non-Prime Home Price Declines Nearly Finished

“The bottom is getting closer, but we are not there yet,” according to analysts at Deutsche Bank. The majority of home price declines have already occurred in the areas with the largest concentration of non-prime mortgages outstanding, according to analysts at the investment bank. While the analysts expect home prices to decline by more than 40.0 percent from peak-to...

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