Saturday, January 2, 2010

Boom. Bust. Can the market find a healthy middle?

Great article in today's Washington Post (Real Estate Section):

Click on the link below......

Boom. Bust. Can the market find a healthy middle?

By Renae Merle
The U.S. housing market has been in a slump for nearly four years. Home prices have fallen 30 percent since reaching their peak in 2006, leaving nearly a quarter of borrowers owing more than their homes are worth. Millions of homeowners have fallen into foreclosure.