| Unpleasant news keeps hitting the airwaves relentlessly, with the latest news announcing that the U.S. housing recession has not bottomed out yet. Home values are still going down, having decreased another percent between February and March of this year.
“Home values fell three percent in the first quarter of this year, marking a pace of decline not seen since 2008 when the housing recession was at its worst. … There was little escaping the housing downturn in Q1 2011,” according to Zillow Real Estate Research, a real estate analysis firm..............................................Full Article: Source |