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Weekly Real Estate News 11/19/09

Big stories this week:
Federal aid for local housing programs. The aid will help programs that offer loans to low- and moderate-income borrowers with a less than stellar credit history.

Have we found the bottom yet? Housing prices have been stable or increasing in many areas. Economists (eternal pessimists, I think) predict that housing prices will bottom nationally in mid-2010. They also think prices will drop another 10% before bottoming.

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