Friday, December 28, 2007

Real Estate Market Worst Since World War II

A report by USA Today stated that record declines in home prices took place this October in 11 large metro areas. Miami, Tampa, Detroit, and San Diego led the list of cities whose home prices slid 6.1% in October as compared to October 2006, according to the S&P/Case-Schiller composite index. The data points to evidence that the present real estate market is one of the worst since the United

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