hausdok Posted October 30, 2008 Report Share Posted October 30, 2008 NAHB Nation's Building News The three-year-old slump in the nationââ¬â¢s housing industry could be entering its roughest stretch yet if policymakers in Washington donââ¬â¢t soon find a way to end rising foreclosures and the ongoing downward spiral in real estate values, analyst Ivy Zelman, of Zelman & Associates, told NAHBââ¬â¢s Housing Forecast Conference last week in Washington. Unlike most of the panelists at the conference who predicted that housing is gearing up for a slow turnaround early next year and that the financial crisis will soon start to wind down, Zelman said that ââ¬Åitââ¬â¢s going to get ugly.â⬠Quote Link to comment Share on other sites More sharing options...
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