Archive for November 19th, 2008

U.S. Home Prices Plummet in 80% of Cities as Foreclosure Crisis Deepens

Wednesday, November 19th, 2008

Home prices fell in four out of every five U.S. cities in the third quarter, a record spurred by distressed foreclosure sales across the country.   The median price of a U.S. home declined 9 % from a year earlier and sales of properties with mortgages in default accounted for at least a third of all [...]