Housing Market Has Bottomed, Banking Analyst Bove Says
By: Antonia Oprita Associate Web Producer, CNBC.com
The biggest problem that banks have faced was the fall in the housing market, and this seems to have bottomed, Rochdale Securities banking analyst Richard Bove told CNBC.
"I really believe that the industry has bottomed, that we're not going to see further crashes in home prices or in home sales," Bove told "Squawk Box."
Wednesday, October 21, 2009
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