11.05.2011 - Home prices drop in three-fourths of U.S. metro areas as foreclosures rise
Home prices fell in more than three- fourths of U.S. cities in the first quarter as foreclosures that sell at cut-rate prices devalued real estate. The median price of a single-family home dropped in 118 metropolitan areas out of 153 cities measured, the National Association of Realtors said in a report today. The biggest decline was in Biloxi, Mississippi, followed by Akron, Ohio..............................................Full Article: Source
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