Members sventvkg Posted November 27, 2007 Members Share Posted November 27, 2007 NEW YORK (Reuters) - Prices of existing U.S. single-family homes in the third quarter slumped 4.5 percent from a year earlier, matching a record decline from the previous period as the housing downturn deepened, according to a national home price index on Tuesday. http://news.yahoo.com/s/nm/20071127/us_nm/usa_economy_homes_index_dc;_ylt=AvZJGlxNr5bk_LewS412Nhis0NUE Something to think about seriously. I'm pretty much obsessed with the economy among other issues besides music and i've been predicting this for several years. I have several friends about to lose homes and several who were investing when the market was favorable who lost everything recently. These numbers look very conservative to me compared to my research. Link to comment Share on other sites More sharing options...
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