Sunday, January 14, 2007
Housing market pain not relieved by spin
We hear lots of stories about the pain in the US: An Indiana man writes to say he can't sell his house even asking less for it than he paid - four years ago. A Duluth, Minnesota, writes, "The housing market is brutal, has been for months. Prices dropping at least $20,000, some as high as $60,000 just to get them sold. Most aren't selling even with the drop."