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In fact, many analysts anticipate that the slump will continue for at least another year. Some in the industry think the only thing that will pull the housing sector out of the slump is government intervention. Offering consumers tax incentives or low mortgage interest rates to purchase a new home are some examples of such intervention. Builders are not the only ones predicted to have difficulty this coming year. Mortgage insurers, most notably MGIC, are not anticipating much profitability either.

10/26/09 14

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