What Slump? HomeOwner in Denial....
"Survey shows 3 of 4 homeowners believe their home has gained or retained its value, despite evidence of price decline."
Lies, damned lies, and National Realtor statistics:
"And those price readings under represent declines in the nation's weakest markets, which have taken a big hit to sales volume."
"The S&P Case/Shiller, a closely watched index that tracks home values of all homes in the nation's largest markets, not just those that are sold, showed about an 8% drop in home values in November compared to a year earlier, the worst on record."
http://money.aol.com/realestate/arti...08132609990001
And these people are allowed the right to vote?
