Michelle Meyer: Home Prices Will Continue to Plunge, and 2013 Will be the Worst Year for Foreclosures in History

Joe Weisenthal Business Insider 12/3/2011

Michelle Meyer, the well-known housing analyst for BofA/ML, has some bad news: The housing crisis isn’t over.

In fact, in her 2012 outlook piece, she says it’s “far from over” and that prices still have another 7% to decline nationally.

The basic problem: There are still tons more foreclosures or […]

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