Earlier this year, Mark Zandi, Moody’s Analytics chief economist, told Fortune that several of the most overheated housing markets in the U.S. could see price declines of 5% to 10% within 12 months. Turns out he might have been too optimistic. Moody’s recently revised its forecast and once again shared it with Fortune. In all, 183 of the nation’s 413 largest regional housing markets now are...
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