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Star analyst Whitney sees another big leg down in home prices
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Friday, September 18, 2009
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From Newsmax:

Bank analyst Meredith Whitney says home prices have another leg to drop, perhaps 25 percent.

“Fourth quarter, then you see another leg down,” she told CNBC.

"No bank underwrote a loan with 10 percent unemployment on the horizon," Whitney said.

"I think there is no doubt that home prices will go down dramatically from here, it's just a question of when."

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Topics: Housing | Real Estate
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