Earlier this week, the Joint Center for Housing Studies of Harvard University released a new housing report which provides a rather grim analysis of the current housing crisis. Real home prices continue to fall and foreclosures continue to mount despite recent federal interventions. Because of job losses, decreased home prices, and tougher credit eligibility requirements, homebuyers are finding it more and more difficult to purchase homes. But, as the report notes, immigrants could be a key element to recovery. Read more at ImmigrationImpact.com. (June 26, 2009)
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