Home Prices Drop the Most in Eleven Years

by Mish Shedlock, Mish Talk: Home prices are down 4.1 percent from a year ago. But that’s not even a drop towards improved affordability. Redfin reports Homes in Austin and Boise are Selling for $80,000 Less Than a Year Ago Those are two local areas gone bust. They are not representative of national trends. Here are […]