Monday, February 7, 2011

Ten Housing Markets Where Prices Rose During The Recession

They were all very small town in niche areas, but still interesting to read.
The average value of a home declined by 25% to 30% from the period from the third quarter of 2005 to the third quarter of last year. The end of 2005 and beginning of 2006 were the peak of the housing boom. S&P argued that home prices could fall another 7% to 10% this year. Many markets have already suffered a drop in housing values of more than half.
Read it all

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