How Low Will Real Estate Go?

Though the national real estate market remains bleak--in some neighborhoods vacant homes outnumber those that are occupied and sellers are being forced to lower asking prices in a bid to lure bargain hunters--it's assumed that when housing dips to a point where buyers think it represents a bargain, they'll buy back in.

The problem is many of the markets that experienced steep 2007 price drops are still a long way from recovery.

That's ... Full Story »

Posted by Fabrice Florin

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Review

Dale Penn
3.7
by Dale Penn - Oct. 1, 2008

Gives a nod toward the end to credit tightening. Perhaps the role of predatory lenders, and foreclosures, in getting the real estate market to this point is so well understood that it is already an assumed part of the context of the story, yet I found it an odd omission.

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Dale's Rating

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3.7

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from 7 answers
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3.7
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4.0
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4.0
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4.0
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3.0
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4.0
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4.0
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4.0
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