| Foreclosures: Mayors see major hit to economy |
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| Tuesday, 27 November 2007 | |
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The mortgage meltdown will take a heavy toll on home prices in 2008 with declines expected to average 7 percent across the nation and lost property value of $1.2 trillion, according to the United States Conference of Mayors. Read more at: http://money.cnn.com/rssclick/2007/11/27/real_estate/mayors_fight_foreclosure/index.htm?section=money_latest. |
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