Though the country has begun to pull out of its recession, the housing market still has a significant role to play in the tentative recovery efforts. It was the subprime collapse that precipitated the avalanche of unemployment and general economic slowdown, and with real estate transactions making up 15% of the economy, it is easy to see why economists are hesitant to claim that the end is in sight with various regional markets still struggling. Housing prices are still down 30% from their peak in 2006, and over the country, they may fall another 5-10% this year according to Moody's economy.com.http://www.noforeclosure.com/foreclosure-blog/2010/04/11/national-foreclosure-marketTue, 07 Feb 2012 13:46:06 -0400Tue, 07 Feb 2012 13:46:06 -0500NoForeclosure.com