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Tuesday, September 29, 2009

Housing Prices Still Falling, but with a Parachute

Case Shiller shows home prices still continue to decline:
13.3% in July from 15.4% in June.
Prices have not risen since 2006 but this is the smallest decline since February 2008.
The Walk Away: Prices are still falling but at a much slower pace, because they now have a parachute, its called UNCLE SAM!

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