2008 Home Price Speculation
6:48 pm in Cost of Living, Current Events, Real Estate by Jane in Redondo
It’s that time of the year again… speculations abound for the coming year’s housing challenges and home prices.
Yahoo News posted Reuters’ report on a record drop in home prices nationwide, predicting that 2008 will continue to see home prices but 2009 may see a rebound. Washington Times looked at who’s to blame in the current housing debacle, comparing this cycle of housing bust with previous busts, and suggesting that “some combination of easy money, loose lending, greed and fraud” turned a housing boom into a bubble. Read the rest of this entry →
