Opinion Poll Shows Divide on Foreclosures

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Destin, FL – February 7, 2011 – (RealEstateRama) — Despite the financial hardship it would trigger, Americans are divided on whether the U.S. government should take action to halt the foreclosure crisis. The stunning result was delivered in a new opinion poll taken by Housing Predictor.

The online real estate research firm regularly surveys visitors on real estate related issues to gauge the pulse of American consumers. The poll found that roughly half of all respondents want U.S. government policymakers to take action to halt the foreclosure crisis with nearly an equal number saying they do not want lawmakers to take any action to stop foreclosures, which are at all-time record highs.

Find the new details on the opinion poll at Housing Predictor dot com. There’s no shortage of real estate markets that will experience housing deflation in 2011 as the U.S. struggles to recover from the worst downturn in real estate in decades. The foreclosure crisis has topped 5-million homes and is forecast to gain momentum as more homeowners walk away from properties.

Consumers, bankers, mortgage companies, retail outlets and real estate firms consult Housing Predictor forecasts. Housing Predictor forecasts more than 230 local markets in all 50 states and offers real estate news, mortgage rates and analysis on the housing market at http://www.housingpredictor.com

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