Deborah Site Admin
Joined: 09 May 2006 Posts: 1002
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Posted: Mon Jun 30, 2008 8:30 pm Post subject: The Housing Abyss (BusinessWeek Online via Yahoo! News) |
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The housing crisis is entering a new and frightening stage. On June 24, Standard & Poor's announced that the S&P/Case-Shiller 20-City Home Price Index had fallen more than 15% in April from a year earlier. Adjusted for inflation, the decline is the biggest since 1940-42, according to data collected by Yale University economist Robert Shiller.
[url=http://us.rd.yahoo.com/dailynews/rss/search/home+loan+with+bad+credit+and+low+credit+scores/SIG=120tchtav/*http%3A//news.yahoo.com/s/bw/20080630/bs_bw/0827b4091032364818]Read more...[/url] |
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