Wednesday, June 17, 2009

‘Millionaire Homes’ May Lose Value Until 2012: Chart of the Day - Bloomberg.com

‘Millionaire Homes’ May Lose Value Until 2012: Chart of the Day - Bloomberg.com: "“Currently, we have national home prices bottoming in 2011,” they said. “However, prices for more expensive homes may not bottom out until 2012, and ultimately result in peak-to- trough declines in excess of 60 percent (compared to 40 percent nationally).”"

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