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THE HOUSING DOUBLE DIP – ARRIVING EARLIER THAN EXPECTED

22 September 2010 by Cullen Roche 1 Comment

I have to say that I have been enormously impressed by Diana Olick’s work at CNBC.  She provides superb fact based analysis and reporting.  Today, she reports that housing prices have already started to decline.  While prices lag sales even she did not expect to see this sort of price deterioration this early:

Source: CNBC

Cullen Roche

Cullen Roche

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Comments
  • MG

    Are they really still trying to sell real estate as an investment to the ordinary guy?

    If you need a house and can afford a house..then buy a house…
    As an investment…?????

    MG

    09/22/2010 at 10:39 PM