With mortgage meltdowns, plummeting home prices and soaring foreclosure rates constantly in the news, it’s no wonder people are wary of the housing market these days. But contrary to popular belief, things are not as dismal as they seem, according to Lawrence Yun, chief economist of the National Association of Realtors. Yun debunks 10 commonly [...]
Home prices fell in all but one of the top 25 metropolitan areas in the United States in November, according to a national study released this morning. The exception was Milwaukee. According to Radar Logic Inc., a New York-based real estate data company, Milwaukee home prices on a square-foot basis rose 2.4% in November 2008, [...]
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