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Thursday, September 9, 2010

Double dip in home prices coming in 2011: Clear Capital

When this article discusses home prices it the median price. The median home price is a more a reflection of the mix of the homes sold and not of the individual home values.

Drilling down to the metropolitan statistical areas (MSAs), many of the 15 highest performing markets showed double-digit quarterly gains through August. Home prices in San Diego increased 11.2% above levels seen a year ago, but most of the improved areas were in the Midwest and South regions
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