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by CareyBot

Editor's note: The following excerpts were taken from the Inman News Blog, where you can find daily insights and musings on the U.S. housing market. DismalGoldman Sachs had its first housing conference yesterday and the outlook is not great. Here was a spot survey of the attendees. What do you think will happen to home prices in 2007? Fifty-two percent predict prices will go down 0-10 percent. What do you think will happen to new home orders in 2007? Seventy-eight percent predict orders will go down. At one point in time, this news might have made Wall St. giddy as investors would favor equities over real property, but not anymore. The Street is very very vested in the housing market. For a change, no one is happy about a down housing market. --Bradley Inman, Inman NewsClick here to join t...