Real Estate 50% Value Drops Possible »
Posted By dog7777 1 year, 7 months ago in Business & FinanceThe Case/Shiller index, which covers 20 local markets and a national average, showed third-quarter home prices have dropped 1.7 percent from the second quarter. Yale economist Robert Shiller said, "You're talking about [home-price] declines of 50 percent, in real terms. That's not out of the question."
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