Home prices only go up.
There's hasn't been a fall in US home values since the Depression.
It's always a great time to buy.
If you don't buy now, you'll be forever priced out of the market.
It's a new paradigm. It's different this time.
Real estate is your safest investment.
Bubbles are for bathtubs.
Phoenix has year-round golf and pro athletes.
And anyone who listened to an idiot realtor on commission the past few years got killed.
Home prices: Down record 11% - The residential real estate market continues to deteriorate in 2008, with 20 key markets reporting steep drops.
Residential real estate has posted another record decline.
The S&P Case/Shiller Home Price index of 20 key markets, released Tuesday, shows that home prices plunged 10.7% in the 12 months ending January.
Las Vegas and Miami reported the weakest markets in January, with each city posting an annual decline of 19.3%. Phoenix was the second worst with a decline of 18.2%.
March 25, 2008
FLASH: S&P Case-Shiller index shows 11% drop in US home values. Vegas and Miami crash 19%, Phoenix, San Diego and LA down 15%+
Posted by blogger at 3/25/2008