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- The Boom Has Turned Into A Bust For Many
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The San Francisco Chronicle reports from California. “Like a brick cast from the top of the Transamerica Pyramid, national and local home prices are rapidly accelerating on their way down. The average cost of a Bay Area home dropped 17.2 percent year-over-year in February, compared to 13.2 percent in January and 10.8 in December, according to the Standard & Poor’s/Case-Shiller report released Tuesday.”
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Original Source: thehousingbubbleblog.com
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29 April, 2008| housingblogs |
@ 23:57