In the same week that home price guru Rober Shiller said it wouldn't surprise him if home prices dropped another 10-25%, new numbers show that the Charlottesville area foreclosure rate has increased 25% over the same time last year.
NBC29 has a text version as well as a video. The current CAAR president, Barbara McMurry, is quoted as saying she's sure the market will "survive" (has anybody ever
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