Foreclosure Crisis Continues To Batter Home Prices
… in the Dallas Morning News, the foreclosure crisis is still depressing Dallas- Fort Worth home prices, which have decreased 1.2 percent in August from a year ago. Many analysts are considering that an improvement. However, before the foreclosure crisis, Dallas-Fort Worth home prices had reached their peak in June 2007 and have declined by 4 percent since then. Nationwide, homes prices are down 11.3 percent from a year ago, and some cities such as Las Vegas, Phoenix and Detroit …
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