"Excellent news: Despite the best efforts of misguided government policies (tax credits, mortgage mods, foreclosure abatements), and the Fed (ZIRP), home prices are falling towards normalized levels. (Yeah!)" -- Barry Ritholtz, The Big PictureThe widely-watched 10- and 20-City indices saw declines everywhere but DC; 11 cities hit fresh lows. Article and charts here.
Related:The Charlottesville
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