Forbes-Ten American Cities Caught in Free Fall

April 18, 2010

by Julie

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4/18/10-Forbes-Ten American Cities Caught in Free Fall

Forbes and MSNBC report that economic indicators in the specified metros have gone from “bad to worse”.

“In states with complex foreclosure laws, the recovery is clearly being delayed,” says Mike Simonsen, CEO of Altos Research, a Mountain View, Calif.-based real estate research firm, who adds that lengthy foreclosures may be driving away real estateĀ investors in these cities.

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