States launch foreclosure probe

Scenario: Real Estate Double Dip  Scenario: What if US house prices experience a double-dip, falling for several quarters before finally stabilizing? Potential Outcome: Some economists continue to predict a coming double-dip for both residential and commercial real estate, citing the huge number of underwater loans, vacancies, and foreclosures yet to come to market. A double dip in housing could drag down the rest of the economy and threaten the economic recovery. Potential Timeframe: Within 1 Year

The following macro indicators would be most impacted by this scenario.

	Current	Projected	Scenario Impact
US House Prices	148.91	117.14		-21%
Commercial RE Prices	1.13	0.88		-22%
US GDP Growth	1.70%	-0.96%		-2.66 pts
Consumer Confidence	48.50	32.56		-33%
Copper	$3.81	$3.17		-17%
Economic Analysis By HiddenLevers

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