Wednesday, January 30, 2008

Miami Home Prices Fall Sharply

According to the latest report from S&P Case/Shiller released yesterday, the housing market continues to get worse each month. The real estate industry considers the report to be one of the most accurate with regards to home prices. The report states that the worst hit market of the 20 metro areas they cover was Miami, where median home prices fell a depressing 15.1 percent in value from one year

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