May 16 2011 – U.S. Builders see a Very Weak Housing Market

U.S. Builders See Little to Like in Housing Market– AP

U.S. homebuilders are concerned that the struggling housing market won’t recover in the near future.

There also looms the stockpile of BANK OWNED foreclosed homes derelict and deteriorating on day to day and month to month basis waiting to further flood the U.S. Real Estate Markets across  the country. These foreclosed deteriorated homes will only further erode the market as well as ALL HOMEOWNERS equity.

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