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Old 04-23-2008, 02:45 PM
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Ernie,

The following is just part of what the article said, but it is one of those that they change every 15 minutes, so if I post the link it will likely be gone by the time anyone tries to look at it.

The housing problems largely aren't national but regional in nature, said Susan Wachter, a real estate professor at the University of Pennsylvania's Wharton School.

"The interesting thing is that there are parts of the country where housing prices are doing fine, thank you," she said. In fact, only five states are in what she would consider a housing recession: California, Arizona, Nevada, Florida and Michigan.


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