“No Sign of a Bottom” for Declining Home Prices
That was the lead headline that came across my desk today in National Realty News. Here’s an excerpt:
Data through February 2008, released by Standard & Poor’s for its Shiller Home Price Indices, the leading measure of U.S. home prices, show declines in the prices of existing single family homes across the United States worsened in the second month of the new year, with 17 of the 20 now reporting MSAs [Metropolitan Statistical Areas] posting record low annual declines, 10 of which are in double-digits. MORE →
Michael A. Kupritz, GRI, MBA has more than twenty years' experience buying, selling, and renovating homes and is Principal Broker of The Kupritz Group, a full-service, discount real estate brokerage in Baltimore, Maryland. Although you may not be able to tell from this blog, Mike has a degree in writing from The Johns Hopkins University. He also earned an MBA in business strategy and information technology from the University of Maryland's Robert H. Smith School of Business. Reach him directly by writing to makupritz at this domain.