Thursday, July 05, 2007

The Foundation of Home Sales Has Been Weakened By The Sub-Prime Mess

PAUL KANGAS: As Suzanne noted, Wall Street has grown concerned in recent months about continued weakness in housing sales. One of the main worries is that the rising number of defaults on sub-prime mortgages could put even more homes on the market. And as Stephanie Dhue reports, that's already happening in some places.

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