Many people are wondering just how long this housing slump will last and when the forelcosure numbers will reach their peak. Many factors will come into play affecting these numbers such as the goverment stepping in to solve some of the subprime lending issues. Credit rating agency Moody's Investors Service says it will continue through 2009! IdahoDataProviders.com has updated its August stats for Notice of Defaults filed but read the attached article for a national overview.
Moody's Warns Housing Slump Will Persist