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Old 11-27-2007, 11:32 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 8,132
Default Re: Lower home prices everywhere

Here's the linky to the data:

Data

The rate of change is the most significant measure IMO. Not good, wonder with news media decrying "sub-prime" issues everyday just wonder if some people are panicking a little. With that said, went to a fairly new development site where I live a week ago. Could not believe all the new homes their that were on the auction block. There was also a site close by where the land was developed but they're not building as planned. I've seen some unbelievable prices in various places. Builders have to be taking huge losses on some of these properties.
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