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TexasDevilDog
07-30-2008, 05:55 PM
Data through May 2008, released today by Standard & Poor’s for its
S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show annual declines in the prices of existing single family homes across the United States generally continued to worsen in May 2008.
http://www2.standardandpoors.com/spf/pdf/index/CSHomePrice_Release_072943.pdf
Are we in for the same as Japan?
01WhiteCobra
07-30-2008, 07:54 PM
"The mortgage market is going to be a great market in this country for a long time. We've got population growth. We've got people who are always going to want to live in homes that they own. It's going to be a great market."

--Ken Thompson, CEO of Wachovia on CNBC May 15, 2006.
TexasDevilDog
07-31-2008, 04:32 AM
"The mortgage market is going to be a great market in this country for a long time. We've got population growth. We've got people who are always going to want to live in homes that they own. It's going to be a great market."

--Ken Thompson, CEO of Wachovia on CNBC May 15, 2006.

WB stock is doing sooooo great too! :D