22.12.2011 - Real estate crash hit lower-priced homes the hardest
When the housing bubble popped — in 2006, 2007, or 2008, depending on where you were — chances are that the value of your home took a nose dive. But who got hit worse, the top of the market or the bottom? In an effort to answer this question, Clear Capital, a valuation and analytics firm in Truckee, Calif., (near Lake Tahoe) analyzed the market in terms of “tiers.” Take as a starting point the national peak of the market, that glorious, golden-haze summer of 2006...............................................Full Article: Source
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