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Home prices continue to drop, but is it really a bad thing?

posted 746 weeks ago on BloggingStocks
Filed under: Bad news, Consumer experience, Economic data, Housing, Recession, Financial CrisisWe all know that the real estate market is in trouble, and another sign of just how bad things are came out today as the National Association of Realtors announced another steep drop in home prices during the fourth quarter.The NAR started keeping comprehensive data on home sales back in 1979, and in that time period there has not been another quarter that saw home prices drop as much as they did in the fourth quarter of last year. So just how much did values drop? A massive 12.4%.Continue reading Home prices continue to drop, but is it really a bad thing?Home prices continue to drop, but is it really a bad thing? originally appeared on BloggingStocks on Thu, 12 Feb 2009 17:04:00 EST. Please see
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