U.S. foreclosure outlook doesn’t look so good

by John Wake on January 28, 2010

Fannie Mae delinquencies rise sharply in November.

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This suggests a lot more foreclosures are coming down the pike putting a lot more downward pressure on home prices in the United States.

But the United States is not Arizona. Arizona residential real estate may start to recover while the United States residential market as a whole is still falling.

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