Housing Prices Continue to Fall
May 26, 2009
The S&P Case-Shiller home price index was released for March and the results don’t look very good for home owners. House prices continued to drop and are now 19.1% lower than they were 12 months ago. For people looking to buy a house, things look pretty good.
The problems for buyers is that no one is sure where the bottom is. Also many sellers still think their house is worth what it was a few years ago. The best deals may not be had for several month.
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