Double-Dip Recession Threatens to Shave 20% off Home Prices

 Could the U.S. economy slip back into the throes of the recession that nearly crippled the nation’s financial system and protracted any semblance of a housing recovery? The analysts at Moody’s Investors Service think so.

“The risk of a double-dip recession is rising. We believe the odds of a near-term double dip recession have increased from nearly one in five this spring to closer to one in four,” they wrote in a research report released Monday.

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