21.06.2011 - Where is the bottom for the housing market (in your neighborhood)?
You may have seen the recent headline that the housing downturn we are currently in is worse than the one experienced during the Great Depression. According to Case-Shiller data, prices have fallen some 33 percent since the market began its collapse, greater than the 31 percent fall that began in the late 1920s and culminated in the early 1930s. True enough, but the reality is this: Your community may or may not be in a double dip in home prices, cratering to the worse fall since the 1930s..............................................Full Article: Source
Print