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24/7 Wall St. - The single biggest problem in the U.S. real estate market is simple: There are very few homebuyers.

That seems obvious, but the "buyers' strike" has caused house prices to drop, along with an epidemic of foreclosures. What's worse, the long depression in real estate is probably not over...

The real estate crisis has gone on for four years. In the states 24/7 Wall St. has chosen... the crisis will go on much longer.

On their list of eight states, Nevada ranks Worst in all three categories: Foreclosures, Unemployment and Decrease in Building Permits. California ranks... MORE