Wednesday, May 16, 2007
Defaults up - median prices down
Bloomberg: Mortgage Defaults Rise 62 Percent
The 2007 median price for an existing home likely will decline 1 percent to $219,800, the National Association of Realtors said last month, the first drop since the real estate group began keeping records in 1968 and probably the first decline since the Great Depression.
Posted by sold 2 rent 1 @ 04:20 PM (181 views) Add Comment
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