REAL ESTATE
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FDIC Real Estate Survey Shows 3rd-Quarter Decline: An October survey by the Federal Deposit Insurance Corp. shows that the level of optimism in the nation’s real estate markets declined in the third quarter. The FDIC’s findings are based on interviews with about 500 senior examiners and liquidation specialists at the four federal bank and thrift regulatory agencies. In the latest survey, the FDIC’s national composite index slipped to 57 from 63 in the previous poll. Values above 50 indicate that more respondents believed conditions were improving than declining.
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